The fraction 34/62 is equal to 54.84% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and selected 34 of them, you'd be choosing just over half of the total. It's a bit more than 50%, but not quite as much as 55%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 34 out of 62 people surveyed preferred a certain product, you could say that 54.84% of the group liked it. This percentage gives a clearer picture of the proportion compared to just using the fraction alone.