3/24 as a percentage is 12.50%. This value tells you how much of a whole the fraction represents when you look at it in terms of hundredths.
The fraction 3/24 can also be reduced to 1/8, which is a simpler way to see the same part of a whole. Even though the numbers are smaller, the amount they describe doesn’t change.
Knowing the percentage makes it easy to compare this part with other percentages, like 25% or 50%, and helps you quickly understand its size in everyday situations such as discounts, grades, or data charts.