The fraction 27/72 is equal to 37.50% when converted to a percentage and rounded to two decimal places. This means that 27 out of 72 parts represents just over one-third of the total. It's a bit more than 1/3 (33.33%) but less than 1/2 (50%).
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 27 out of 72 students in a class passed a test, you could say that 37.50% of the class succeeded. Or if you completed 27 out of 72 tasks on your to-do list, you'd have finished 37.50% of your work. This percentage is useful for quickly understanding how much of something is being represented by the fraction.
