The fraction 55/68 is equal to 80.88% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 55 by 68, you'd get a decimal value that's pretty close to 81% of a whole. It's a bit more than three-quarters but not quite as much as four-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 55 out of 68 students in a class passed a test, you could say that 80.88% of the class succeeded. Or if you completed 55 pages of a 68-page book, you'd be about 81% done with your reading. This fraction and its percentage equivalent can be useful for understanding parts of a whole in many real-world scenarios.