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 took 16 of them, you'd have about 20.78% of the total. It's a relatively small percentage, representing less than a quarter of the whole.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 16 out of 77 students in a class wore glasses, you could say that 20.78% of the class wears glasses. Or if 16 out of 77 days in a period were rainy, you'd have rain on 20.78% of those days. This fraction and its equivalent percentage can be useful for understanding proportions and making comparisons in different scenarios.