32.95% is the percentage equivalent of the fraction 29/88. This number tells you how much of a whole 29 parts out of 88 represent when you look at it as a part of 100.
The fraction 29/88 is a little less than one third, so it makes sense that its percentage is close to 33%. When you see this percentage, you can quickly compare it with other values without having to think about fractions.
In everyday use, you might see this kind of conversion when dealing with grades, discounts, or statistics. Knowing that 29/88 is 32.95% helps you understand the size of the portion in a clear, familiar way.
