The fraction 2/24 is equal to 8.33% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. The fraction 2/24 represents two parts out of a total of 24 parts, which can be useful in various real-world situations.
Understanding fractions and their percentage equivalents can be helpful in everyday life. For example, if you have a pizza cut into 24 slices and you eat 2 of them, you've consumed about 8.33% of the whole pizza. This knowledge can be applied to other scenarios like calculating discounts, measuring ingredients in cooking, or analyzing data in school or work projects.
