The fraction 8/62 is equal to 12.90% when converted to a percentage and rounded to the nearest two decimal places. This means that if you had 62 items and selected 8 of them, you'd have about 13% of the total. It's a relatively small percentage, representing less than one-fifth of the whole.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales figures, or statistical data. For example, if 8 out of 62 students in a class got an A on a test, you could say that 12.90% of the class aced the exam. While it's not a huge portion, it still represents a noticeable amount when considering the whole group.