The fraction 24/43 is equal to 55.81% when converted to a percentage and rounded to two decimal places. This means that 24 out of 43 parts represent about 56% of the whole. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 24 out of 43 students in a class passed a test, you could say that 55.81% of the class succeeded. Or if you completed 24 out of 43 tasks on your to-do list, you'd have finished about 56% of your work. Understanding these equivalents can help you quickly grasp proportions and make comparisons in daily life.