The fraction 55/62 is equal to 88.71% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and took 55 of them, you'd have about 88.71% of the total. It's a pretty high percentage, showing that 55 is close to 62 in value.
To put it another way, 88.71% is more than three-quarters but less than 90% of the whole. If you're thinking about test scores or grades, getting 55 out of 62 questions correct would be a solid performance. In many situations, this percentage would be considered a good result or a strong majority.