The fraction 3/26 is equal to 11.54% when converted to a percentage and rounded to two decimal places. This means that if you had 26 items and selected 3 of them, you'd be choosing about 11.54% of the total. It's a relatively small percentage, representing just over one-tenth of the whole.
To put this in perspective, 11.54% is less than one-eighth (12.5%) but more than one-twelfth (8.33%) of something. In everyday situations, you might encounter this percentage when dealing with things like test scores, sales discounts, or even in cooking measurements. For example, if a recipe calls for 3/26 of a cup of an ingredient, you'd be using about 11.54% of a full cup.