The fraction 16/79 is equal to 20.25% when converted to a percentage and rounded to the nearest two decimal places. This means that if you had 79 items and took 16 of them, you'd have about 20.25% of the total. It's a bit more than one-fifth of the whole, but not quite a quarter.
In everyday life, you might encounter this fraction in various situations. For example, if 16 out of 79 students in a school wore glasses, you could say that roughly 20.25% of the student body wears glasses. Or if 16 out of 79 days in a period were rainy, you'd have rain about 20.25% of the time. This percentage gives us a quick and easy way to understand the proportion that 16/79 represents.