The fraction 17/100 is equal to 17.00% when expressed as a percentage. This percentage represents 17 parts out of a total of 100 parts. It's a fairly small portion, less than one-fifth of the whole.
In everyday life, you might encounter this percentage in various situations. For example, a 17% discount on a product means you'd save $17 for every $100 of the original price. Or, if 17% of students in a class wear glasses, that's about 1 in 6 students. This fraction and percentage are useful for understanding proportions and making quick mental calculations in daily scenarios.