The fraction 56/86 is equal to 65.12% when converted to a percentage and rounded to two decimal places. This means that if you had 86 items and selected 56 of them, you'd be choosing about 65% of the total. It's a bit more than half, but not quite two-thirds.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 56 out of 86 students passed a test, you could say the pass rate was 65.12%. Or if a sports team won 56 games out of 86 played in a season, their winning percentage would be 65.12%. This percentage gives a quick and easy way to understand the proportion or part-to-whole relationship that the fraction represents.