The fraction 16/62 is equal to 25.81% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and took 16 of them, you'd have about a quarter of the total. It's a bit more than one-fourth, but not quite as much as one-third.
In everyday situations, you might see this fraction come up when dealing with things like test scores, sales figures, or even cooking measurements. For example, if 16 out of 62 students passed a tough exam, you could say that 25.81% of the class succeeded. Or if a store sold 16 shirts out of a stock of 62, they could report that 25.81% of their inventory was purchased.