The fraction 16/45 is equal to 35.56% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a bit more than one-third, which would be 33.33%, but not quite as much as 40%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 16 out of 45 students in a class prefer pizza over other lunch options, that would represent this fraction. Or if a store offers a 35.56% discount on an item, it's essentially reducing the price by about 16/45 of the original cost. Understanding these equivalences can be helpful in making quick estimates or comparisons in daily life.