Using the ideal gas law, we know that the pressure and temperature are directly proportional when the volume is constant. The fraction of air remaining can be determined by comparing the initial and final temperatures:
\[
\frac{T_2}{T_1} = \frac{V_2}{V_1}
\]
Where \( T_1 = 27^\circ C = 300K \) and \( T_2 = 727^\circ C = 1000K \). The fraction of air remaining is \( \frac{T_1}{T_2} \), which is \( \frac{7}{10} \).