The fraction 50/57 is equal to 87.72% when converted to a percentage and rounded to two decimal places. This means that 50 out of every 57 parts represents about 88% of the whole. It's a fairly high percentage, showing that the fraction is close to, but not quite, a full 100%.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, survey results, or completion rates. For example, if 50 out of 57 people in a group agreed on something, you could say that 87.72% of the group was in agreement. This gives a quick and easy way to understand how much of the whole is represented by the fraction.