The fraction 15/40 is equal to 37.50% when converted to a percentage. This percentage represents the portion of 40 that 15 makes up. It's a way to express the fraction as parts per hundred, which can be easier to understand in some contexts.
When we see 37.50%, we know it's a little more than one-third of the whole. This can be useful in various real-world situations, like understanding test scores, sales discounts, or progress towards a goal. The fraction 15/40 and its percentage equivalent of 37.50% both represent the same value, just expressed in different forms.