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 you're looking at a progress bar on a computer and it shows 22/96 completion, you'd know that about 22.92% of the task is done.