The fraction 15/76 is equal to 19.74% when converted to a percentage and rounded to two decimal places. This means that if you had 76 items and selected 15 of them, you'd be choosing about one-fifth or 20% of the total. It's a bit less than one-fifth, which is why the percentage falls just shy of 20%.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe calls for 15/76 of a cup of an ingredient, you could think of it as using about 20% of the cup. While it's not a common fraction you'd see in daily life, understanding its percentage equivalent can help put it into perspective.