The fraction 43/78 is equal to 55.13% when converted to a percentage and rounded to two decimal places. This means that if you had 78 items and selected 43 of them, you'd have chosen about 55% of the total. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 43 out of 78 students in a class passed a test, you could say that 55.13% of the class succeeded. Or if a sports team won 43 games out of a 78-game season, their winning percentage would be 55.13%. This percentage is useful for comparing different fractions or ratios with different denominators.