The fraction 29/80 is equal to 36.25% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a bit more than one-third of the whole, which means if you had 80 items and took away 29 of them, you'd be left with just under two-thirds of the original amount.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 29 out of 80 students in a school passed a certain test, you could say that 36.25% of the students were successful. Or, if a store sold 29 out of 80 items in their inventory, they would have sold 36.25% of their stock. This fraction and its equivalent percentage can be useful for understanding parts of a whole in many real-world scenarios.