The fraction 21/40 is equal to 52.50% when converted to a percentage and rounded to the nearest two decimal places. This means that 21 out of 40 parts represents just over half of the total. It's a bit more than 50%, but not quite as much as 55%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 21 out of 40 students in a class passed a test, you could say that 52.50% of the class succeeded. Or if you completed 21 out of 40 tasks on your to-do list, you'd have finished 52.50% of your work. This fraction and its percentage equivalent are useful for expressing parts of a whole in different formats.