54.00% is the percentage equivalent of the fraction 54/100.
The fraction 54/100 means 54 parts out of a total of 100 equal parts. When you think of it as a portion of a whole, it represents just over half of that whole.
In everyday terms, 54/100 could be seen as 54 cents out of a dollar, or 54 students out of a class of 100. It’s a simple way to show a little more than half of something.
Because the fraction already has a denominator of 100, the conversion to a percentage is straightforward, and rounding to two decimal places keeps the value precise at 54.00%.