The fraction 24/96 is equal to 25.00% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the proportion of 24 parts out of a total of 96 parts. It's a common fraction that comes up in various contexts, from academic settings to real-world applications.
In practical terms, 25% is often used to describe a quarter of something. For example, if you have a pizza cut into 96 slices and you eat 24 of them, you've consumed 25% of the pizza. This fraction and its equivalent percentage are useful for understanding proportions and making quick mental calculations in everyday situations.