The fraction 8/36 is equal to 22.22% when converted to a percentage and rounded to two decimal places. This means that if you have 36 items and take 8 of them, you've selected about 22% of the total. It's a fairly small percentage, less than a quarter of the whole.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales figures, or probabilities. For example, if 8 out of 36 students passed a difficult exam, you could say that 22.22% of the class succeeded. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.