The fraction 27/37 is equal to 72.97% when converted to a percentage and rounded to two decimal places. This means that if you had 37 items and took 27 of them, you'd have about 73% of the total. It's a bit more than seven-tenths or 70% of the whole amount.
In everyday situations, you might see this fraction pop up when dealing with partial quantities or probabilities. For instance, if 27 out of 37 people in a survey preferred a certain product, you could say that 72.97% of the respondents liked it. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.
