The fraction 43/59 is equal to 72.88% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 59 parts and take 43 of those parts, you'd have about 73% of the whole. It's a bit more than seven-tenths or 70% of the total.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a student got 43 questions right out of 59 on a quiz, they'd score about 73%. Or if a store sold 43 items out of their stock of 59, they'd have sold roughly 73% of their inventory.