27.40% is the percentage you get when you change the fraction 20⁄73 into a percent. This value is rounded to two decimal places, so it’s easy to read and compare with other numbers.
The fraction 20⁄73 is a bit less than one third, which explains why its percent is a little under 30 %. When you look at it on a chart or a graph, you’ll see it taking up roughly a quarter of the whole space.
Because the decimal form of 20⁄73 is about 0.274, multiplying by 100 moves the decimal two places to the right, giving the same 27.40% result. That’s why the percent and the decimal are directly related.
In everyday situations, you can use 27.40% to describe things like a test score, a discount, or a portion of a budget. It tells you that out of every 100 parts, about 27.4 are represented by the original fraction.