The fraction 36/96 is equal to 37.50% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of 96 that 36 makes up. It's a way to express the fraction as parts per hundred, which can be easier to understand in some contexts.
When we think about 37.50%, it means a little more than one-third of the whole. In practical terms, if you had 96 items and took away 36 of them, you'd be left with 60 items, or 62.50% of the original amount. This fraction and its percentage equivalent can be useful in various real-world situations, such as calculating discounts, comparing ratios, or analyzing data.