The fraction 8/55 is equal to 14.55% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 8/55 represents. It's a relatively small percentage, indicating that 8 parts out of 55 total parts make up less than one-fifth of the whole.
To put this in perspective, if you had a large pizza cut into 55 slices and took 8 of those slices, you'd have about 14.55% of the entire pizza. This fraction and its equivalent percentage might come up in various real-world situations, such as calculating probabilities, determining portions, or analyzing data in fields like statistics or finance.