The fraction 31/80 can be expressed as a percentage: 38.75%. This percentage is rounded to the nearest two decimal places. When we think about fractions in everyday life, it's often easier to understand them as percentages.
To put this into perspective, 38.75% is a little more than one-third but less than half of something. For example, if you had 80 marbles and gave away 31 of them, you'd be left with about 61.25% of your original marble collection. This fraction and its percentage equivalent can be useful in various real-world situations, like calculating discounts, test scores, or even in cooking when adjusting recipe quantities.