The fraction 21/55 is equal to 38.18% when converted to a percentage and rounded to two decimal places. This means that if you had a group of 55 items, 21 of them would represent about 38% of the total. It's a way to express a part-to-whole relationship in terms that are often easier to understand or compare.
In everyday life, you might encounter this fraction or percentage in various situations. For example, if 21 out of 55 students in a class got an A on a test, you could say that 38.18% of the class aced the exam. Or if a store sold 21 out of 55 available concert tickets, they could report that 38.18% of the tickets were purchased. This percentage gives a quick snapshot of how much of something is being considered relative to the whole.