To convert 32% to a fraction, you start by expressing the percentage as a fraction out of 100:
\[ 32% = \frac{32}{100} \]
Next, you simplify this fraction. Both the numerator (32) and the denominator (100) can be divided by their greatest common divisor (GCD), which is 4:
\[ \frac{32 \div 4}{100 \div 4} = \frac{8}{25} \]
Thus, the simplified fraction equivalent to 32% is:
\[ \frac{8}{25} \]