2/24 as a percentage is 8.33%. This value tells you that the fraction represents a little more than eight parts out of a hundred.
If you simplify 2/24, you get 1/12, but the percentage stays the same because both fractions describe the same portion of a whole.
In everyday situations, you might see this kind of number when dealing with small discounts, measurement ratios, or parts of a class that are selected for a project.
Remember, whenever you need to compare a fraction to a whole, turning it into a percentage like 8.33% makes the comparison quick and easy.