The fraction 56/72 is equal to 77.78% when converted to a percentage and rounded to two decimal places. This means that 56 out of 72 parts represent about three-quarters of the whole. It's a bit more than 75% but not quite 80%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 56 out of 72 students passed a test, you could say that 77.78% of the class succeeded. Or if you completed 56 pages of a 72-page book, you'd be 77.78% of the way through. This percentage is useful for understanding how much of something is present or completed in relation to the total.