The fraction 32/96 is equal to 33.33% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents about one-third of a whole, which means if you had 96 items and took 32 of them, you'd have roughly a third of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if a store offers a 33.33% discount on an item, it's essentially reducing the price by a third. Similarly, if a student answers 32 out of 96 questions correctly on a test, they've gotten about one-third of the answers right. Understanding these equivalences can be helpful in quickly estimating proportions in real-life scenarios.
