The fraction 17/20 is equal to 85.00% when converted to a percentage and rounded to two decimal places. This means that 17 out of 20 parts represent 85% of the whole. It's a fairly high percentage, showing that more than three-quarters of the total is accounted for.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 17 out of 20 students passed a test, you could say the pass rate was 85%. Or if you completed 17 out of 20 tasks on your to-do list, you'd have finished 85% of your work. This fraction and its equivalent percentage are useful for expressing large portions of a whole in a simple, understandable way.