The fraction 29/85 is equal to 34.12% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of 85 that 29 makes up. It's a way to express the fraction as parts per hundred, which can be easier to understand in some contexts.
When we think about 34.12%, it means that for every 100 units, we're talking about roughly 34 of them. In real-world terms, if you had a large group of 85 people and 29 of them wore hats, you could say that 34.12% of the group was wearing hats. This percentage gives us a quick way to grasp the relative size or proportion of something without having to work with fractions directly.