The fraction 40/97 is equal to 41.24% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 97 that 40 makes up. It's a bit less than half, but more than 40%.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, survey results, or statistical data. For example, if 40 out of 97 people in a group prefer a certain option, you could say that 41.24% of the group favors that choice. This way of expressing the fraction can make it easier to compare with other percentages or to quickly grasp the relative size of the portion.