The fraction 5/11 is equal to 45.45% when converted to a percentage and rounded to two decimal places. This means that 5/11 represents about 45 and a half percent of a whole. It's a bit less than half, but more than 40%.
In everyday situations, you might encounter 5/11 or 45.45% in various contexts. For example, if 5 out of 11 people in a group prefer chocolate ice cream, that's the same as saying about 45.45% of the group likes chocolate. Or if you're looking at a sale where an item is 5/11 of its original price, you'd be paying around 45.45% of what it usually costs.