The fraction 3/16 is equal to 18.75% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction 3/16 represents three parts out of a whole that's divided into sixteen equal parts.
In everyday life, you might encounter 3/16 in various contexts. For example, it could be used in measurements for construction or woodworking projects. You might also see it in cooking recipes or when dealing with financial calculations. Understanding its percentage equivalent can be helpful in these situations, making it easier to compare with other fractions or percentages.