The fraction 27/33 is equal to 81.82% when converted to a percentage and rounded to two decimal places. This means that if you had 33 items and took 27 of them, you'd have about 82% of the total. It's a fairly high percentage, showing that 27 is pretty close to 33 in value.
In everyday situations, you might see this fraction or percentage used to describe things like test scores, success rates, or portions of a whole. For example, if a student answered 27 out of 33 questions correctly on a quiz, they'd score about 82%. Or if 27 out of 33 people in a group agreed on something, you could say there was roughly 82% agreement among them.