The fraction 16/74 is equal to 21.62% when converted to a percentage and rounded to two decimal places. This means that if you had 74 items and selected 16 of them, you'd be choosing about 21.62% of the total. It's a relatively small percentage, representing less than a quarter of the whole.
To put this in perspective, imagine a classroom with 74 students. If 16 of them raised their hands to answer a question, that would be 21.62% of the class participating. This fraction and its percentage equivalent can be useful in various real-world situations, from calculating discounts to analyzing survey results.
