The fraction 15/36 is equal to 41.67% when converted to a percentage and rounded to two decimal places. This means that 15 out of 36 parts represent about 42% of the whole. It's a bit less than half, which would be 50%.
In everyday situations, you might come across this fraction or percentage. For example, if 15 out of 36 students in a class prefer pizza over burgers for lunch, you could say that 41.67% of the class likes pizza better. This fraction and its percentage equivalent can be useful in various contexts, from academic settings to real-world scenarios involving parts of a whole.