The fraction 31/82 is equal to 37.80% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 31 parts out of a total of 82 parts. It's a way to express the fraction as a part of 100, making it easier to understand and compare with other values.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if a survey showed that 31 out of 82 people preferred a certain product, you could say that 37.80% of the group liked it. This percentage gives a clearer picture of the proportion compared to the original fraction, especially when dealing with larger numbers or when comparing different ratios.