The fraction 8/87 is equal to 9.20% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a relatively minor portion of a whole, just under one-tenth. It's a useful figure to know when dealing with statistics, probabilities, or any situation where you need to express a part-to-whole relationship.
In everyday life, you might encounter this percentage in various contexts. For example, if 8 out of 87 people in a survey prefer a certain product, that's about 9.20% of the group. Or if a store offers a 9.20% discount on an item, you'd save just over $9 for every $100 spent. While not a large percentage, it can still make a noticeable difference in certain situations.
