The fraction 56/70 is equal to 80.00% when converted to a percentage and rounded to two decimal places. This means that 56 out of 70 parts represent 80% of the whole. It's a fairly high percentage, indicating that more than three-quarters of the total is accounted for.
In practical terms, if you had a group of 70 people and 56 of them agreed on something, you'd have 80% agreement. This level of consensus is often considered significant in many contexts, such as voting or survey results. It's worth noting that while 80% is a clean, round number, the actual unrounded percentage is slightly higher, but 80.00% is the standard way to express this fraction as a percentage in most situations.