The fraction 16/34 is equal to 47.06% when converted to a percentage and rounded to two decimal places. This means that if you had 34 items and took 16 of them, you'd have about 47% of the total. It's a bit less than half, which would be 50%.
In everyday situations, you might come across this fraction or percentage. For example, if 16 out of 34 students in a class wore glasses, you could say that 47.06% of the class wears glasses. Or if you completed 16 out of 34 tasks on your to-do list, you've finished about 47% of your work. It's a handy way to express parts of a whole in terms that are easier for most people to understand quickly.