The fraction 18/62 is equal to 29.03% when converted to a percentage and rounded to two decimal places. This means that 18 out of 62 parts represent about 29% of the whole. It's a bit less than one-third, which would be around 33%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 18 out of 62 students in a class prefer pizza over other lunch options, you could say that 29.03% of the class likes pizza best. Or if 18 out of 62 days in a two-month period were rainy, you'd say it rained on 29.03% of the days. This fraction and its percentage equivalent can be useful for comparing parts to wholes in many real-world scenarios.
