The fraction 20/55 is equal to 36.36% when converted to a percentage and rounded to two decimal places. This means that 20 out of 55 parts represent about 36% of the whole. It's a bit more than one-third but less than half of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 20 out of 55 students in a class prefer pizza over other lunch options, you could say that 36.36% of the class likes pizza best. Similarly, if you complete 20 out of 55 tasks on your to-do list, you've finished about 36% of your work. This fraction and its percentage equivalent can be useful for quick estimations and comparisons in daily life.