54/74 as a percentage is 72.97%. This number tells you how much of a whole the fraction represents when you look at it in terms of hundredths.
The fraction 54/74 can be reduced to 27/37, but its size stays the same. Whether you see it as 54 parts out of 74 or 27 parts out of 37, it still covers roughly three‑quarters of a whole.
In everyday terms, 72.97% means that if you had 100 equal pieces, about 73 of them would be filled. It’s a handy way to compare the fraction with other percentages, like 50% (half) or 100% (the whole).