The fraction 27/64 is equal to 42.19% when converted to a percentage and rounded to two decimal places. This means that if you had 64 equal parts of something and took 27 of those parts, you'd have about 42% of the whole. It's a bit less than half, but more than a third.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 27 out of 64 students in a class passed a test, you could say that 42.19% of the class succeeded. Or if a recipe calls for 27/64 cup of an ingredient, you'd be using just over 42% of a full cup. Understanding these equivalents can be helpful in math, cooking, or any situation where you need to compare parts to a whole.