The fraction 20/24 is equal to 83.33% when converted to a percentage. This means that if you have 20 out of 24 parts of something, you have about 83% of the whole. It's a pretty high percentage, showing that you have most of the total amount.
In everyday life, you might see this fraction or percentage used in various situations. For example, if you answered 20 out of 24 questions correctly on a test, you'd score 83.33%. Or if you completed 20 out of 24 tasks on your to-do list, you'd be 83.33% done with your work. It's a useful way to understand how much of something you have compared to the total.