The fraction 16/24 is equal to 66.67% when converted to a percentage. This means that if you have 16 out of 24 parts of something, you have about two-thirds of the whole. It's a pretty common fraction that you might come across in everyday life, like when looking at test scores or measuring ingredients for a recipe.
To put it in perspective, 66.67% is more than half but less than three-quarters of a whole. It's a useful number to know because it falls between some other common percentages. For example, it's higher than 50% (which is half) but lower than 75% (which is three-quarters). Understanding this fraction and its percentage equivalent can help you quickly estimate amounts in various situations.