4/24 as a percentage is 16.67%. This number tells you how much of a whole the fraction represents when you look at it on a scale of 100.
The fraction 4/24 can be reduced to 1/6, which is the same proportion in a simpler form. Whether you write it as 4/24, 1/6, or 16.67%, the value stays the same.
Knowing the percentage helps you compare this part to other percentages quickly, like when you see a discount of 15% or a test score of 20%. It’s a handy way to understand the size of the piece in everyday situations.