The fraction 55/88 is equal to 62.50% when converted to a percentage and rounded to two decimal places. This percentage represents the proportion of 55 parts out of a total of 88 parts. It's a way to express the fraction as a portion of 100, making it easier to understand and compare with other values.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 55 out of 88 students in a class passed an exam, you could say that 62.50% of the class succeeded. This percentage gives a quick and clear picture of how many students performed well, without needing to know the total number of students. Similarly, in sports statistics or survey results, percentages like this are often used to convey information in a more accessible format.
