The fraction 54/71 is equal to 76.06% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 54 by 71, you'd get a decimal that's just over three-quarters of a whole. It's a bit more than 75% but not quite as much as 77%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 54 out of 71 students in a class passed a test, you could say that 76.06% of the class succeeded. Or if you completed 54 pages of a 71-page book, you'd be about 76.06% of the way through. This percentage is useful for understanding how much of something is represented by the fraction 54/71 in a more familiar format.