The fraction 31/85 is equal to 36.47% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 31 parts out of a total of 85 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 come across this fraction or percentage in various contexts. For example, if a survey showed that 31 out of 85 people preferred a certain product, you could say that 36.47% of the participants favored that item. This representation can be useful in statistics, data analysis, or even in simple calculations where you need to express a part of a whole as a percentage.