The fraction 50/80 can be expressed as a percentage. When you convert it, you get 62.50%. This is the rounded value to two decimal places.
If you simplify the fraction first, 50/80 reduces to 5/8. Both fractions represent the same part of a whole, just written in different ways.
Seeing the percentage helps you understand how much of a whole the fraction covers. In everyday situations, 62.50% can describe things like a test score, a discount, or the portion of a pizza that has been eaten.
Remember, whether you use the fraction 5/8 or the percentage 62.50%, they tell you the same thing: just over half of the whole.