The fraction 24/76 is equal to 31.58% when converted to a percentage and rounded to two decimal places. This means that 24 out of 76 parts represent about a third of the whole. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 24 out of 76 students in a class passed a test, you could say that 31.58% of the class succeeded. Or if you're looking at sales data and 24 out of 76 products sold, you'd know that 31.58% of the inventory moved. Understanding these equivalents can help in quickly grasping proportions and making comparisons in different scenarios.
