The fraction 54/83 is equal to 65.06% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 83 equal parts and take 54 of those parts, you'd have about 65% of the whole. It's a bit more than half, but not quite two-thirds.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 54 out of 83 students in a class passed a test, you could say that 65.06% of the class succeeded. Or if you completed 54 pages of an 83-page book, you'd be about 65% done with your reading. Understanding these equivalences can be helpful in quickly grasping proportions and making comparisons in daily life.