The fraction 27/40 is equal to 67.50% when converted to a percentage and rounded to two decimal places. This means that 27 out of 40 parts represent about two-thirds of the whole. It's a bit more than half but not quite three-quarters.
In everyday situations, you might see this fraction or percentage used in various contexts. For example, if 27 out of 40 students passed a test, you could say the pass rate was 67.50%. Or if you completed 27 pages of a 40-page book, you'd be 67.50% done with your reading. This fraction and its percentage equivalent are useful for expressing parts of a whole in different formats, depending on what's needed.
