The fraction 38/60 is equal to 63.33% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. Fractions and percentages are different ways of expressing the same value, with percentages often being easier to understand at a glance.
In everyday life, you might encounter 38/60 or 63.33% in various situations. For example, if you answered 38 out of 60 questions correctly on a test, your score would be 63.33%. Similarly, if a store sold 38 items out of a stock of 60, they would have sold 63.33% of their inventory. Understanding these equivalent representations can be helpful in many real-world scenarios.