The fraction 29/96 is equal to 30.21% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of a whole that 29/96 represents. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 29 out of 96 students in a school wore red shirts on a particular day, you could say that 30.21% of the students wore red. Or if a company's stock price increased by 29/96 of its original value, you could describe the increase as a 30.21% gain.