The fraction 8/72 is equal to 11.11% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 8/72 represents. It's a relatively small fraction, indicating that it's about one-ninth of the total.
To put this in perspective, if you had a large pizza cut into 72 slices, 8 of those slices would make up 11.11% of the entire pizza. This fraction and percentage can be useful in various real-world situations, such as calculating discounts, analyzing data, or determining probabilities in certain events.