The fraction 20/74 is equal to 27.03% when converted to a percentage and rounded to two decimal places. This means that 20 out of 74 parts represent about 27% of the whole. It's a bit more than a quarter but less than a third of the total.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 20 out of 74 students in a class prefer pizza over other lunch options, you could say that 27.03% of the class likes pizza best. Similarly, if 20 out of 74 days in a given period were rainy, you'd be looking at about 27% of days with rainfall.
