The fraction 8/88 is equal to 9.09% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. The fraction represents a small portion of a whole, just under one-tenth or 10%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, it could represent the chance of an event occurring, a small discount on a purchase, or a minor increase in a statistic. While 9.09% may seem like a small number, it can still have a noticeable impact depending on the situation it's applied to.