The fraction 21/56 is equal to 37.50% when converted to a percentage and rounded to two decimal places. This means that if you had 56 items and selected 21 of them, you'd be choosing about 37.5% of the total. It's a handy way to express parts of a whole, especially when dealing with larger numbers.
In everyday life, you might come across this fraction or percentage in various situations. For example, if a store offers a 37.5% discount on an item, it's the same as reducing the price by 21/56 of its original cost. Or in a survey, if 21 out of 56 people prefer a certain option, you could say that 37.50% of respondents chose that answer. Understanding these equivalents can help make sense of data and comparisons in many fields, from finance to statistics.
