The fraction 16/50 is equal to 32.00% when converted to a percentage and rounded to two decimal places. This means that 16 out of 50 parts represent about a third of the whole. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 16 out of 50 students in a class got an A on a test, you could say that 32.00% of the class aced the exam. Similarly, if you completed 16 pages of a 50-page book, you'd be 32.00% of the way through it. This fraction and its percentage equivalent are useful for understanding parts of a whole in many real-world scenarios.