The fraction 27/49 is equal to 55.10% when converted to a percentage and rounded to two decimal places. This means that if you had 49 equal parts of something and took 27 of those parts, you'd have about 55% of the whole. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 27 out of 49 students in a class passed a test, you could say that 55.10% of the class succeeded. Or if a basketball player made 27 out of 49 free throw attempts in a season, their free throw percentage would be 55.10%. This percentage is useful for comparing different fractions or understanding parts of a whole more easily.