The fraction 8/99 is equal to 8.08% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a little over 8 parts out of 100, or about 1/12 of the total. It's a relatively low percentage, less than 10%, which means it's closer to 0% than it is to 100%.
In everyday situations, you might encounter this percentage in various contexts. For example, if 8 out of 99 people in a survey prefer a certain product, that would be represented by 8.08%. Or in a academic setting, scoring 8 out of 99 on a test would result in this percentage. While it's not a commonly used fraction or percentage in daily life, understanding its value can be helpful in specific calculations or comparisons.