The fraction 3/24 is equal to 12.50% when converted to a percentage. This percentage represents the portion of a whole that 3/24 represents. It's a fairly small percentage, indicating that 3/24 is less than one-quarter of the total.
To put this in perspective, if you had a pizza cut into 24 slices and took 3 of them, you'd have 12.50% of the pizza. This fraction and percentage come up in various real-world situations, from calculating discounts to measuring ingredients in recipes. It's a useful number to remember, as it's one of the common fractions that converts to a neat percentage.