The fraction 27/62 is equal to 43.55% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and took 27 of them, you'd have about 43.55% of the total. It's a bit less than half, but more than two-fifths of the whole amount.
In everyday situations, you might see this fraction or percentage used to describe things like test scores, survey results, or portions of a budget. For example, if 27 out of 62 people in a group liked a new product, you could say that 43.55% of the group approved of it. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.