The fraction 27/57 is equal to 47.37% when converted to a percentage and rounded to two decimal places. This means that if you had 57 items and selected 27 of them, you'd have chosen about 47% of the total. It's a bit less than half, but pretty close.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 27 out of 57 people surveyed preferred a certain product, you could say that 47.37% of the group liked it. This percentage gives a clearer picture of the proportion than the fraction alone, making it easier to understand at a glance.