The fraction 9/74 is equal to 12.16% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just over one-tenth of the whole, showing that 9 is a relatively small part of 74. It's a bit like having 9 slices of a pizza that's been cut into 74 pieces - not a very big portion!
In everyday life, you might encounter this fraction or percentage in various situations. For example, if 9 out of 74 students in a school wore glasses, you could say that 12.16% of the student body wears glasses. Or if a company's stock price increased by 9/74 of its original value, you could describe the growth as a 12.16% increase. This fraction and its percentage equivalent can be useful for comparing small parts to larger wholes in many different contexts.