The fraction 8/77 is equal to 10.39% when converted to a percentage and rounded to two decimal places. This means that if you had 77 items and selected 8 of them, you'd be choosing about 10.39% of the total. It's a relatively small percentage, representing just over one-tenth 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 77 students in a class got perfect scores on a test, you could say that 10.39% of the class aced the exam. While it's not a common fraction you'd use in daily life, understanding how it relates to its percentage equivalent can be helpful in various contexts.