The fraction 18/62 is equal to 29.03% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and selected 18 of them, you'd be choosing about 29% 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 62 students in a class got an A on a test, you could say that 29.03% of the class aced the exam. Or if a store sold 18 out of 62 shirts during a sale, they could report that 29.03% of their inventory was purchased. This percentage gives a clearer picture of the proportion than the original fraction in many cases.
