The fraction 16/54 is equal to 29.63% when converted to a percentage and rounded to two decimal places. This means that 16 out of 54 parts represent about 30% of the whole. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 16 out of 54 students in a class prefer pizza over other lunch options, you could say that 29.63% of the class likes pizza best. This percentage gives a clearer picture of the proportion compared to the original fraction, making it easier to understand and compare with other data.