The fraction 50/86 is equal to 58.14% when converted to a percentage and rounded to two decimal places. This means that 50 out of 86 parts represents about 58% of the whole. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, survey results, or statistics. For example, if 50 out of 86 people in a group prefer a certain option, you could say that 58.14% of the group favors that choice. This percentage gives a clearer picture of the proportion compared to the original fraction, making it easier to understand at a glance.