The fraction 55/90 is equal to 61.11% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 90 items and took 55 of them, you'd have about 61% of the total.
To put this in perspective, 61.11% is a bit more than half but not quite two-thirds. It's like filling up a glass of water just past the halfway mark. In everyday situations, you might see this percentage used in things like test scores, sales discounts, or even in cooking recipes. For example, if a recipe calls for 55/90 of a cup of flour, you'd be using roughly 61% of the cup.