The fraction 37/97 is equal to 38.14% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 37 parts out of a total of 97 parts. It's a bit more than one-third but less than half of the whole.
In everyday situations, you might encounter this fraction or percentage when dealing with statistics, surveys, or even in cooking measurements. For example, if 37 out of 97 people in a group prefer a certain flavor of ice cream, you could say that 38.14% of the group likes that flavor. This percentage gives a clearer picture of the proportion compared to the original fraction, making it easier to understand at a glance.