The fraction 18/56 is equal to 32.14% when converted to a percentage and rounded to two decimal places. This means that if you had 56 items and selected 18 of them, you'd have chosen about 32% of the total. It's a bit less than one-third, which would be closer to 33%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 18 out of 56 students in a class got an A on a test, you could say that 32.14% of the class aced it. Or if a sale offers 18/56 off the original price, you'd be getting a discount of roughly 32%. Understanding these equivalents can be helpful in quickly estimating proportions or discounts in real-life scenarios.