The fraction 27/96 is equal to 28.13% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 96 items and took 27 of them, you'd have about 28.13% of the total.
To put this in perspective, 28.13% is a little more than a quarter (25%) but less than a third (33.33%) of the whole. It's useful to know these equivalent forms when working with data, statistics, or real-world scenarios where fractions and percentages are used interchangeably. Whether you're looking at test scores, sales figures, or survey results, being able to understand and use both fractions and percentages can be helpful.