The fraction 27/94 is equal to 28.72% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 27 parts out of a total of 94 parts. It's a way to express the fraction as a part of 100, making it easier to understand and compare with other values.
In everyday situations, you might encounter this percentage in various contexts. For example, if a survey showed that 27 out of 94 people preferred a certain product, you could say that 28.72% of the group favored that item. This percentage gives a clearer picture of the proportion compared to the original fraction, especially when dealing with larger numbers or when you need to quickly grasp the relative size of a part compared to the whole.