The fraction 27/30 is equal to 90.00% when converted to a percentage and rounded to the nearest two decimal places. This means that 27 out of every 30 parts represents 90% of the whole. It's a pretty high percentage, showing that a large portion of the total is being represented.
To put this in perspective, if you had a pizza cut into 30 slices and ate 27 of them, you'd have consumed 90% of the pizza. Or if 27 out of 30 students in a class passed a test, the pass rate would be 90%. This fraction and percentage come up in various real-world situations where you're dealing with parts of a whole or success rates.