The fraction 8/89 is equal to 8.99% 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 or 10%. It's a bit larger than 1/12 (which is about 8.33%) but smaller than 1/11 (approximately 9.09%).
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, it could represent the chance of a rare event occurring, a small discount on a purchase, or a minor increase in some measurement. While 8.99% isn't a commonly used figure in most fields, understanding how fractions relate to percentages can be helpful in many areas of life, from finance to statistics.
