The fraction 15/74 is equal to 20.27% when converted to a percentage and rounded to two decimal places. This means that if you had 74 items and selected 15 of them, you'd have chosen about 20% of the total. It's a relatively small percentage, representing less than a quarter of the whole.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 15 out of 74 people surveyed preferred a certain product, you could say that 20.27% of the group liked it. While it's not a common fraction you'd use in daily life, understanding its percentage equivalent can help put it into perspective.