The fraction 56/75 is equal to 74.67% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (75) is accounted for by the part (56). It's a way to express the fraction as parts per hundred, making it easier to understand and compare with other values.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 56 out of 75 students passed a test, you could say that 74.67% of the class succeeded. Similarly, if a basketball player made 56 out of 75 free throw attempts, their free throw percentage would be 74.67%. This percentage gives a quick and clear picture of the proportion or ratio being described.