The fraction 55/89 is equal to 61.80% 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 (55). It's a way to express the fraction as parts per hundred, making it easier to understand and compare to other values.
In everyday life, you might encounter this percentage in various contexts. For example, if 55 out of 89 people in a survey preferred a certain product, you could say that 61.80% of respondents favored that item. This fraction and its equivalent percentage can be useful in statistics, probability, or any situation where you need to express a part-whole relationship in a more familiar format.