The fraction 2/18 is equal to 11.11% when converted to a percentage and rounded to two decimal places. This percentage represents a relatively small portion of a whole, just over one-tenth. It's a useful figure to know for various everyday calculations and comparisons.
In practical terms, 11.11% could be thought of as about 1 out of every 9 items or occurrences. For example, if you had 18 marbles and 2 of them were red, the red marbles would make up 11.11% of the total. This fraction and its percentage equivalent can be helpful in understanding proportions, probabilities, or even in financial contexts like calculating discounts or interest rates.