The fraction 27/28 is equal to 96.43% when converted to a percentage and rounded to two decimal places. This means that 27/28 represents a very large portion of a whole, just slightly less than 100%. It's a fraction that's incredibly close to being complete or full.
In practical terms, 27/28 could be used to describe situations where something is nearly finished or almost entirely complete. For example, if you've read 27 out of 28 chapters in a book, you've read 96.43% of it. Or if you've completed 27 out of 28 tasks on your to-do list, you're 96.43% done with your work. This fraction and its percentage equivalent are useful for expressing progress or completion that's very close to the finish line.