The fraction 34/100 is equal to 34.00% when expressed as a percentage. This means that out of every 100 parts, 34 parts are being considered or measured. It's a common way to represent a portion of a whole, especially when dealing with statistics, grades, or financial data.
In everyday life, you might encounter this percentage in various situations. For example, if 34 out of 100 students passed a test, you could say the pass rate was 34.00%. Similarly, if a store offers a 34% discount on an item, it means you're saving 34 cents for every dollar of the original price. Understanding percentages like this can help you make sense of data and comparisons in many real-world scenarios.