The fraction 27/80 is equal to 33.75% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a part-to-whole relationship, where 27 is the numerator (part) and 80 is the denominator (whole).
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 27 out of 80 students in a class passed a test, you could say that 33.75% of the class passed. Similarly, if a store offers a discount of 27/80 on a product, it means they're reducing the price by 33.75%. Understanding these equivalents can be helpful in making quick calculations or comparisons in daily life.