The fraction 29/87 is equal to 33.33% when converted to a percentage and rounded to the nearest two decimal places. This means that if you had 87 items and took 29 of them, you'd have about one-third of the total. It's a handy way to think about fractions in terms of parts per hundred.
While 33.33% isn't an exact match for 29/87, it's close enough for most everyday purposes. You might see this kind of fraction-to-percentage conversion used in things like test scores, sales discounts, or even in cooking when adjusting recipe quantities. Remember, percentages are just another way to express fractions, making them easier to compare and understand at a glance.