The fraction 3/11 is equal to 27.27% when converted to a percentage and rounded to two decimal places. This means that if you had a pie cut into 11 slices and took 3 of them, you'd have about 27% of the whole pie. It's a bit more than a quarter but less than a third of the total.
3/11 isn't a fraction we use every day, but it can pop up in various situations. For example, if 3 out of 11 students in a class wear glasses, that's about 27% of the class. Or if you complete 3 tasks out of an 11-task project, you're roughly 27% done. Understanding these equivalences can be helpful in quickly estimating proportions in everyday life.