The fraction 20/99 is equal to 20.20% when converted to a percentage and rounded to two decimal places. This percentage represents about one-fifth of the whole, or slightly more than 1/5. It's a bit higher than 20%, which would be exactly one-fifth.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 20 out of 99 people in a survey preferred a certain product, you could say that 20.20% of respondents liked that item. Or in a academic setting, if a student got 20 questions right out of 99 total questions on a test, their score would be about 20.20%. This percentage is useful for comparing parts to wholes or understanding proportions in different scenarios.