The fraction 16/70 is equal to 22.86% when converted to a percentage. This means that if you had 70 items and selected 16 of them, you'd be choosing about 23% of the total. It's a bit less than a quarter, which would be 25%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 16 out of 70 students in a class got an A on a test, you could say that 22.86% of the class aced it. Or if you're looking at a sale where 16 out of every 70 items are discounted, you'd know that roughly 23% of the store's inventory is on sale.