The fraction 7/60 is equal to 11.67% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. The fraction 7/60 represents a small portion of a whole, just over one-tenth or about one-ninth.
In everyday life, you might encounter 7/60 or 11.67% in various situations. For example, it could represent the portion of an hour that has passed after 7 minutes, or the amount of a discount on a product. Understanding fractions and their percentage equivalents can be helpful in many practical applications, from cooking to finance.