The fraction 5/87 is equal to 5.75% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, less than one-tenth. It's not a common fraction you'd encounter in everyday life, but it could come up in specific calculations or statistical analyses.
To put this percentage in perspective, if you had a group of 87 people and needed to select 5 of them, you'd be choosing about 5.75% of the group. Similarly, if you had $87 and spent $5, you'd be using approximately 5.75% of your money. While it may seem like an insignificant amount, in certain contexts, even small percentages can make a difference.