The fraction 20/74 is equal to 27.03% when converted to a percentage and rounded to two decimal places. This means that if you had 74 items and selected 20 of them, you'd be choosing about 27% of the total. It's a bit more than a quarter but less than a third of the whole amount.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe calls for 20/74 of a cup of an ingredient, you could think of it as roughly 27% of the cup. While it's not a common fraction you'd use daily, understanding its percentage equivalent can help put it into perspective.