The fraction 24/70 is equal to 34.29% when converted to a percentage and rounded to two decimal places. This means that 24 out of 70 parts represents about a third of the total. It's a bit more than one-third, which would be 33.33%, but not quite as much as 35%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 24 out of 70 students in a class passed a test, you could say that 34.29% of the class succeeded. Or if a sale offers 24/70 off the original price, customers would be getting a discount of about 34%. Understanding these equivalences can be helpful in quickly estimating proportions or discounts in real-life scenarios.
