The fraction 9/50 is equal to 18.00% when converted to a percentage and rounded to two decimal places. This means that if you had 50 items and took 9 of them, you'd have 18% of the total. It's a fairly small percentage, less than one-fifth of the whole.
In everyday life, you might encounter this fraction or percentage in various situations. For example, if 9 out of 50 students in a class got an A on a test, that would be 18% of the class. Or if a store offered an 18% discount on an item, it would be like reducing the price by 9/50ths. While not a huge amount, it's still a noticeable portion and can make a difference in many contexts.