The fraction 22/96 is equal to 22.92% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 22/96 represents. It's a bit less than a quarter, which would be 25%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 22 out of 96 students in a school passed a certain test, you could say that 22.92% of the students passed. Or if a store sold 22 items out of a stock of 96, they would have sold 22.92% of their inventory. This fraction and its equivalent percentage can be useful for comparing parts to wholes in many different scenarios.