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 when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe calls for 24/37 of a cup of flour, you could think of it as roughly 65% of a cup. While it's not a common fraction you'd use daily, understanding how it relates to percentages can be helpful in various situations.