The fraction 27/87 is equal to 31.03% when converted to a percentage and rounded to two decimal places. This means that if you had 87 items and selected 27 of them, you'd be choosing about 31% of the total. It's a bit less than one-third, which would be around 33%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or statistics. For example, if 27 out of 87 students passed a difficult exam, you could say that 31.03% of the class succeeded. This percentage gives a quick and easy way to understand the proportion or part of a whole that 27/87 represents.