The fraction 15/31 is equal to 48.39% when converted to a percentage and rounded to two decimal places. This means that if you had 31 items and selected 15 of them, you'd have chosen about 48% of the total. It's a bit less than half, but pretty close.
In everyday situations, you might encounter this fraction when dealing with things like test scores, survey results, or even cooking measurements. For example, if 15 out of 31 people in a group preferred a certain option, you could say that 48.39% of the group favored that choice. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.
