The fraction 30/99 is equal to 30.30% when converted to a percentage and rounded to two decimal places. This percentage represents about 3 out of every 10 parts of a whole. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 30 out of 99 students in a school passed a certain test, you could say that 30.30% of the students passed. Or if a store offers a 30.30% discount on an item, it means the price is reduced by slightly more than 30 cents for every dollar of the original price.