The fraction 16/96 is equal to 16.67% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 16/96 represents. It's a relatively small percentage, indicating that 16/96 is less than one-fifth of the total.
To put this in perspective, if you had a pizza cut into 96 slices and took 16 of them, you'd have about 16.67% of the pizza. This fraction and percentage could be useful in various real-world situations, such as calculating portions, probabilities, or statistics. Whether you're dealing with fractions or percentages, 16/96 and 16.67% represent the same amount in different formats.