The fraction 15/70 is equal to 21.43% when converted to a percentage and rounded to two decimal places. This means that 15 out of every 70 parts represents about one-fifth of the total. It's a relatively small percentage, less than a quarter of the whole.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 15 out of 70 students in a class wear glasses, that would be 21.43% of the class. Or if you completed 15 out of 70 tasks on a to-do list, you'd have finished about 21.43% of your work. This fraction and its equivalent percentage can be useful for understanding proportions and making quick estimates in daily life.