The fraction 27/83 is equal to 32.53% when converted to a percentage and rounded to two decimal places. This means that if you had 83 items and selected 27 of them, you'd be choosing about a third of the total. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales figures, or survey results. For example, if 27 out of 83 people surveyed preferred a certain product, you could say that 32.53% of respondents liked that item. This percentage gives a clearer picture of the proportion than the fraction alone, especially when comparing different sample sizes.