The fraction 16/77 is equal to 20.78% when converted to a percentage and rounded to two decimal places. This means that if you had 77 items and selected 16 of them, you'd be choosing about one-fifth or 20% of the total. It's a bit more than 20%, but not quite 21%.
In everyday situations, you might encounter this fraction when dealing with things like test scores, survey results, or even cooking measurements. For example, if 16 out of 77 people in a group preferred a certain flavor of ice cream, you could say that 20.78% of the group liked that flavor. This percentage gives a clearer picture of the proportion compared to just using the fraction alone.