The fraction 24/77 is equal to 31.17% when converted to a percentage and rounded to two decimal places. This means that if you had 77 items and took 24 of them, you'd have about 31% of the total. It's a bit less than one-third, which would be 33.33%.
In everyday life, you might see this kind of fraction used in statistics or probability. For example, if 24 out of 77 people in a survey preferred a certain product, you could say that 31.17% of respondents liked it. This percentage gives a clearer picture of the proportion than the original fraction, especially when comparing it to other results or benchmarks.