The fraction 26/65 is equal to 40.00% when converted to a percentage and rounded to the nearest two decimal places. This means that if you had 65 items and selected 26 of them, you'd have chosen about 40% of the total. It's a handy way to express parts of a whole in a more familiar format.
Understanding percentages like this can be useful in everyday life. For example, if a store offers a 40% discount on an item, it's similar to reducing the price by 26/65 of its original cost. While fractions and percentages might seem different at first glance, they're just two ways of expressing the same relationship between numbers.