The fraction 24/37 is equal to 64.86% when converted to a percentage and rounded to two decimal places. This means that if you had 37 equal parts of something and took 24 of those parts, you'd have about 65% of the whole. It's a bit more than half but not quite two-thirds.
In everyday life, you might see this kind of fraction used in statistics or probability. For example, if 24 out of 37 people in a survey preferred one product over another, you could say that 64.86% of the group liked that product. This percentage gives a clearer picture of the proportion than the fraction alone, especially when comparing different survey results or data sets.