The fraction 34/67 is equal to 50.75% when converted to a percentage and rounded to the nearest two decimal places. This means that 34/67 represents just over half of a whole, or slightly more than 50%. It's a bit like having 34 slices of a pizza that's been cut into 67 pieces - you'd have a little more than half the pizza.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 34 out of 67 people in a survey preferred a certain product, you could say that 50.75% of respondents liked it. Or if you completed 34 out of 67 tasks on your to-do list, you'd be about halfway done with your work. Understanding fractions and percentages like this can be helpful in making sense of data and progress in different areas of life.