The fraction 5/29 is equal to 17.24% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of a whole that 5/29 represents. It's a relatively small percentage, indicating that 5/29 is less than one-fifth of the total.
To put this in perspective, if you had a pie cut into 29 slices and took 5 of them, you'd have about 17.24% of the pie. This fraction and percentage can be useful in various real-world situations, such as calculating discounts, expressing probabilities, or determining partial quantities in recipes or measurements.