The fraction 56/78 is equal to 71.79% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 56 by 78, you'd get a decimal value that's pretty close to 0.7179. It's a bit more than 7/10 or 70%, which might be easier to picture in your head.
In everyday life, you might come across this percentage in various situations. For example, if you got 56 questions right out of 78 on a test, your score would be about 71.79%. Or if you're looking at statistics, you might see that 56 out of 78 people in a survey agreed with something, which would also be represented by this percentage. It's a useful way to express parts of a whole, especially when dealing with larger numbers.