The fraction 4/36 is equal to 11.11% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 4/36 represents. It's a relatively small fraction, indicating that it's just over one-tenth of the total.
To put this in perspective, if you had a pizza cut into 36 slices and took 4 of them, you'd have about 11% of the entire pizza. This fraction and percentage can be useful in various real-world situations, such as calculating discounts, analyzing survey results, or determining probabilities in certain events.