The fraction 16/48 is equal to 33.33% when converted to a percentage and rounded to the nearest two decimal places. This means that 16 out of 48 parts represent about one-third of the whole. It's a common fraction that comes up in various everyday situations, from cooking measurements to basic probability calculations.
Understanding percentages like this can be helpful in many areas of life. For example, if you're looking at test scores and see that someone got 16 out of 48 questions correct, you'd know they scored around 33% on the test. Similarly, in financial contexts, this percentage might represent a portion of a budget or a share of profits. Whether you're dealing with fractions or percentages, being able to recognize and work with these numbers is a useful skill.