The fraction 24/60 is equal to 40.00% when converted to a percentage and rounded to two decimal places. This means that 24 out of 60 parts represent 40% of the whole. It's a common fraction seen in various contexts, such as time measurements where it represents 24 minutes out of an hour.
Understanding percentages like this can be useful in everyday life. For example, if you have 60 items and 24 of them meet a certain criteria, you know that 40% of the items fit that category. This fraction and its percentage equivalent are straightforward to work with and can help simplify calculations in many situations.
