The fraction 24/27 is equal to 88.89% when converted to a percentage and rounded to two decimal places. This means that 24 out of 27 parts represent nearly 89% of the whole. It's a fairly high percentage, showing that a significant portion is being represented.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 24 out of 27 students in a class passed an exam, you could say that 88.89% of the class succeeded. This fraction and its percentage equivalent can be useful for quick mental calculations when dealing with quantities or probabilities in daily life.
