The fraction 3/36 is equal to 8.33% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. Fractions and percentages are different ways of expressing the same value, with percentages often being easier to understand at a glance.
When we think about 3/36, it represents a small portion of a whole. Imagine dividing a pizza into 36 slices and taking just 3 of them - that's what this fraction looks like in real life. While fractions can be useful in certain situations, percentages are often more common in everyday life, such as when discussing sales, discounts, or statistics.