The fraction 27/35 is equal to 77.14% when converted to a percentage and rounded to two decimal places. This means that if you had 35 items and took 27 of them, you'd have about 77% of the total. It's a bit more than three-quarters but not quite four-fifths of the whole.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 27 out of 35 students passed a test, you could say the pass rate was 77.14%. Or if a basketball player made 27 out of 35 free throws in a season, their free throw percentage would be 77.14%. This percentage is useful for comparing parts to wholes or understanding how much of something you have relative to the total amount.