The fraction 32/97 is equal to 32.99% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 97 items and took 32 of them, you'd have about 32.99% of the total.
To put this into perspective, 32.99% is just under one-third of a whole. It's more than 25% (which is a quarter) but less than 50% (which is half). This percentage could be useful in various real-world situations, such as calculating discounts, understanding poll results, or measuring progress towards a goal.