The fraction 3/20 is equal to 15.00% when converted to a percentage and rounded to the nearest two decimal places. This means that 3 out of every 20 parts represents 15% of the whole. It's a relatively small fraction, being less than one-quarter or 25%.
In everyday life, you might encounter this fraction or percentage in various situations. For example, if 3 out of 20 students in a class wear glasses, that would be 15% of the class. Or if you're looking at a sale where items are discounted by 3/20 of their original price, you'd be getting a 15% discount. Understanding these equivalent representations can be helpful in many practical scenarios.
