The fraction 8/96 is equal to 8.33% 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 over one-twelfth. It's a useful figure to know in various everyday situations, from calculating discounts to understanding probabilities.
In practical terms, 8.33% could be thought of as about 1 in 12 or a little more than 8 out of 100. This percentage might come up in contexts like sales tax calculations, academic grading scales, or even in cooking when dealing with recipe proportions. While it may seem like a small number, in certain situations, 8.33% can make a noticeable difference.
