The fraction 18/38 is equal to 47.37% when converted to a percentage and rounded to two decimal places. This means that 18 out of 38 parts represent just under half of the total. It's a bit less than 50%, which would be an exact half.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 18 out of 38 students in a class prefer pizza over burgers for lunch, you could say that 47.37% of the class likes pizza better. Or if you're looking at sales data and 18 out of 38 customers bought a certain product, you'd know that 47.37% of customers chose that item.
