The fraction 31/37 is equal to 83.78% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (37) is taken up by the part (31). It's a way to express the fraction as parts per hundred, making it easier to compare with other percentages.
In everyday life, you might encounter this fraction or percentage in various situations. For example, if 31 out of 37 people in a group prefer a certain option, you could say that 83.78% of the group agrees. This percentage is pretty high, showing a strong majority. It's not quite as overwhelming as 90% or 100%, but it's definitely more than three-quarters of the total.
