7/62 as a percentage is 11.29%. This is the rounded value you get when you convert the fraction to a percent and keep two decimal places.
The fraction 7/62 is a small part of a whole. It can be useful when you need to split something into 62 equal pieces and take 7 of them, such as dividing a pizza into many thin slices or sharing a budget among many items.
Because the result is rounded to two decimal places, the number is easy to read and work with in everyday situations. You can quickly compare 11.29% to other percentages without dealing with long decimals.