The fraction 27/55 is equal to 49.09% when converted to a percentage and rounded to two decimal places. This means that if you had a group of 55 items, 27 of them would represent just under half of the total. It's a bit less than 50%, but pretty close.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 27 out of 55 students in a class passed a test, you could say that 49.09% of the class succeeded. Or if a sale offers 27/55 off the original price, customers would be getting a discount of about 49%. Understanding these equivalences can be helpful in quickly estimating proportions or discounts in real-life scenarios.
