The fraction 31/60 is equal to 51.67% when converted to a percentage and rounded to two decimal places. This means that 31 out of every 60 parts represents just over half of the total. It's a bit more than 50%, but not quite as much as 52%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 31 out of 60 students in a class passed a test, you could say that 51.67% of the class succeeded. Or if you completed 31 out of 60 tasks on your to-do list, you'd be 51.67% done with your work. This fraction and its percentage equivalent are useful for expressing proportions that are slightly more than half of a whole.