The fraction 24/80 is equal to 30.00% when converted to a percentage and rounded to the nearest two decimal places. This means that 24 out of every 80 parts represents 30% of the whole. It's a fairly common fraction that you might encounter in everyday situations, like test scores or statistics.
Understanding percentages and fractions is useful in many areas of life. Whether you're calculating discounts while shopping, looking at poll results, or analyzing data for work or school, being able to quickly recognize that 24/80 is about 30% can be helpful. It's always good to have a sense of how fractions relate to percentages, as it can make interpreting information easier and faster.