The fraction 16/22 is equal to 72.73% when converted to a percentage and rounded to two decimal places. This means that if you had 22 items and took 16 of them, you'd have about 73% of the total. It's a bit less than three-quarters, which would be 75%.
In everyday situations, you might see this fraction or percentage used to describe things like test scores, sales figures, or progress on a project. For example, if a student got 16 out of 22 questions correct on a quiz, they'd score about 73%. Or if a store sold 16 out of 22 items in stock, they'd have sold roughly 73% of their inventory.