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 a relatively small portion of a whole, just under one-sixth. It's a useful figure to know for various calculations and comparisons in everyday life.
In practical terms, 14.55% could be used to describe things like the chance of an event occurring, a portion of a budget, or a segment of a population. For example, if 14.55% of students in a school wear glasses, that means about 1 in 7 students have corrective lenses. Understanding percentages like this helps in making sense of data and statistics we encounter in daily life.