The fraction 27/42 is equal to 64.29% when converted to a percentage and rounded to two decimal places. This means that 27 out of 42 parts represent about 64% of the whole. It's a bit more than half, but not quite two-thirds.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 27 out of 42 students in a class passed a test, you could say that 64.29% of the class succeeded. Or if you completed 27 out of 42 tasks on your to-do list, you've finished about 64% of your work. Understanding these equivalent forms can help you quickly grasp proportions and make comparisons in daily life.