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 selected 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 of the whole.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 16 out of 62 students in a class wore glasses, you could say that 25.81% of the class wears glasses. Or if a store sold 16 out of 62 shirts during a sale, they could report that 25.81% of their inventory was purchased. This fraction and its percentage equivalent can be useful for quick comparisons or understanding parts of a whole.