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 you completed 24 out of 70 tasks on your to-do list, you've finished about 34.29% of your work. This percentage gives a clearer picture of the proportion than the fraction alone, making it easier to understand at a glance.