The fraction 42/77 is equal to 54.55% when converted to a percentage and rounded to two decimal places. This means that 42 out of 77 parts represent 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 in various contexts. For example, if 42 out of 77 students in a class passed a test, you could say that 54.55% of the class succeeded. Or if you completed 42 pages of a 77-page book, you'd be about 54.55% of the way through. This percentage gives a quick and easy way to understand the proportion or part-to-whole relationship that the fraction represents.