The fraction 21/54 is equal to 38.89% when converted to a percentage and rounded to two decimal places. This means that 21 out of 54 parts represents about 39% of the whole. It's a bit more than one-third but less than half of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 21 out of 54 students in a class prefer pizza over other lunch options, you could say that 38.89% of the class likes pizza best. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.