The fraction 9/74 is equal to 12.16% when converted to a percentage and rounded to two decimal places. This small percentage represents a relatively minor portion of a whole, less than one-eighth. It's a useful figure to know for various calculations and comparisons in everyday life.
In practical terms, 12.16% could be thought of as about 1 out of every 8 items in a group. For example, if you had a bag of 74 marbles and 9 of them were blue, the blue marbles would make up 12.16% of the total. This percentage can be applied to many real-world situations, from financial calculations to statistical analysis, making it a handy figure to remember.