The fraction 24/100 is 24.00%. This tells you that out of every 100 equal parts, 24 of them are taken.
When you see 24 out of 100, it simply means 24 percent of a whole. The number 24% is a convenient way to express the same idea without writing a fraction each time.
In everyday life, you might meet this percentage in sales, test scores, or statistics. Knowing that 24/100 equals 24.00% helps you quickly compare it to other percentages.