The fraction 27/95 is equal to 28.42% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 27 parts out of a total of 95 parts. It's a bit more than a quarter of the whole, but not quite a third.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 27 out of 95 students in a school passed a certain test, you could say that 28.42% of the students were successful. Similarly, if 27 out of 95 products in a batch met quality standards, you'd have a 28.42% success rate in production.