The fraction 15/33 is equal to 45.45% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of a whole that 15/33 represents. It's a bit less than half, which would be 50%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 15 out of 33 students in a class prefer pizza over burgers for lunch, you could say that 45.45% of the class likes pizza better. Or if you're looking at sales data and see that 15 out of 33 customers bought a certain product, you'd know that 45.45% of customers made that purchase.