The fraction 31/100 is equal to 31.00% when expressed as a percentage. This means that if you have 31 parts out of a total of 100, you're dealing with 31% of the whole. It's a straightforward way to represent a portion of something, whether it's a test score, a sales target, or any other measurement divided into hundredths.
In everyday life, you might encounter this percentage in various situations. For example, if 31 out of 100 people prefer a certain product, that's a 31% preference rate. Or if you're looking at a weather forecast and see a 31% chance of rain, it means there's about a one-third likelihood of precipitation. Understanding percentages like this helps in making sense of statistics and probabilities we come across regularly.