The fraction 16/100 is equal to 16.00% when expressed as a percentage. This percentage representation is rounded to the nearest two decimal places. In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales discounts, or statistical data.
Using 16/100 or 16.00% can be helpful in different contexts. For example, if you're looking at survey results, you might see that 16 out of 100 people prefer a certain product. In financial terms, a 16.00% interest rate on a loan would mean you'd pay $16 in interest for every $100 borrowed. Understanding these equivalent representations can make it easier to interpret and compare numerical information in various real-world scenarios.
