The fraction 54/89 is equal to 60.67% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (89) is taken up by the part (54). It's a way to express the fraction as parts per hundred, making it easier to understand and compare to other values.
In practical terms, if you had 89 items and took away 54 of them, you'd be left with about 60.67% of the original amount. This percentage is useful in various real-world situations, such as calculating discounts, comparing ratios, or analyzing data. While 60.67% is more than half but less than two-thirds, it gives a quick and clear idea of the proportion represented by the original fraction.