The fraction 24/89 is equal to 26.97% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 89 equal parts and take 24 of those parts, you'd have about 27% of the whole. It's a bit more than a quarter but not quite as much as a third.
This percentage comes up in various real-world situations. For example, if 24 out of 89 students in a school passed a certain test, you could say that 26.97% of the students passed. Or if a company's stock price increased from $89 to $113 (a gain of $24), you could say the stock price increased by about 27%. While it's not a common fraction like 1/2 or 3/4, knowing how to work with fractions like 24/89 can be useful in many areas of life.
