The fraction 40/54 can be expressed as a percentage: 74.07%. This percentage is rounded to the nearest two decimal places. When we think about 40 out of 54 parts of something, it's helpful to visualize it as nearly three-quarters of the whole.
To put this into perspective, imagine a pizza cut into 54 slices. If you ate 40 of those slices, you'd have consumed about 74% of the entire pizza. This fraction and its equivalent percentage can be useful in various real-world situations, such as calculating grades, measuring progress, or determining the completion of a task.