Step 1: Start with the fraction 40/33.

Step 2: To convert a fraction into a percentage, divide the numerator by the denominator.

40 ÷ 33 = 1.2121

Step 3: Multiply the result by 100 to get the percentage.

1.2121 × 100 = 121.21%

Final Answer: 40/33 as a percentage is 121.21%.