The fraction 21/86 is equal to 24.42% when converted to a percentage and rounded to two decimal places. This means that if you had 86 items and selected 21 of them, you'd be choosing about a quarter of the total. It's a bit less than one-fourth, which would be 25%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or statistics. For example, if 21 out of 86 students passed a tough exam, you could say that 24.42% of the class succeeded. This percentage gives a clearer picture of the proportion than the fraction alone, especially when comparing different-sized groups.