The fraction 31/78 is equal to 39.74% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 78 equal parts and take 31 of those parts, you'd have about 40% of the whole. It's a bit less than half, but more than a third.
In everyday life, you might come across this fraction or percentage in various situations. For example, if 31 out of 78 students in a class passed a test, you could say that 39.74% of the class succeeded. Or if you're looking at sales data and see that 31 out of 78 customers made a purchase, you'd know that the conversion rate was around 40%. Understanding these numbers can help in making decisions or analyzing information in school, work, or daily activities.
