The fraction 40/89 is equal to 44.94% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 89 that 40 makes up. It's a bit less than half, but more than 40%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 40 out of 89 people in a survey preferred a certain product, you could say that 44.94% of respondents liked it. This fraction and its equivalent percentage can be useful for comparing parts to wholes or expressing ratios in different formats.