The fraction 56/90 is equal to 62.22% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (90) is taken up by the part (56). It's a way to express the fraction as parts per hundred, which can be easier to understand in some contexts.
When we think about 62.22%, it means that for every 100 units, about 62 of them would be counted. In real-world terms, if you had a large group of 90 people and 56 of them wore hats, you could say that 62.22% of the group was wearing hats. This percentage gives us a quick way to grasp the proportion without having to think about the original fraction.