The fraction 15/24 is equal to 62.50% when converted to a percentage and rounded to two decimal places. This means that 15 out of 24 parts represent about five-eighths of the whole. It's a common fraction that comes up in various real-world situations, like measuring ingredients in cooking or calculating probabilities.
In everyday life, you might encounter 15/24 or its percentage equivalent in different contexts. For example, if 15 out of 24 students in a class passed a test, you could say that 62.50% of the class succeeded. This fraction and percentage are useful for comparing parts to wholes and understanding proportions in various fields, from math and science to business and sports statistics.