The fraction 5/14 is equal to 35.71% when converted to a percentage and rounded to two decimal places. This means that if you had 14 equal parts of something and took 5 of those parts, you'd have about 35.71% of the whole. It's a bit more than one-third but less than half of the total.
In everyday life, you might come across this fraction in various situations. For example, if 5 out of 14 people in a group prefer chocolate ice cream, that's about 35.71% of the group. Or if you completed 5 questions out of a 14-question quiz, you'd have finished roughly 35.71% of the test. Understanding fractions and their percentage equivalents can be helpful in many real-world scenarios.