The fraction 16/78 is equal to 20.51% when converted to a percentage and rounded to two decimal places. This means that if you had 78 items and selected 16 of them, you'd be choosing about one-fifth or 20% 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 when dealing with things like test scores, sales figures, or statistical data. For instance, if 16 out of 78 students passed a difficult exam, you could say that 20.51% of the class succeeded. This percentage gives a clearer picture of the proportion compared to just stating the fraction alone.