The fraction 38/80 is equal to 47.50% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the proportion of 38 parts out of a total of 80 parts. It's a way to express the fraction as a portion of 100, making it easier to understand and compare with other values.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 38 out of 80 students in a class passed a test, you could say that 47.50% of the class succeeded. Similarly, if a survey found that 38 out of 80 people preferred a certain product, you could report that 47.50% of respondents favored that option. This percentage gives a clear picture of how the part relates to the whole, whether it's in academic settings, market research, or other fields where proportions are important.