The fraction 56/58 is equal to 96.55% when converted to a percentage and rounded to two decimal places. This means that 56 out of 58 parts represent nearly the whole, falling just short of 100%. It's a high percentage, indicating that the fraction is very close to being a complete unit.
In practical terms, 96.55% is often used to describe situations where something is almost entirely complete or present. For example, if 56 out of 58 students in a class passed an exam, you could say that 96.55% of the class succeeded. This percentage shows that while not perfect, the result is very close to the maximum possible outcome.