The fraction 56/96 is equal to 58.33% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of a whole that 56/96 represents. It's a bit more than half, showing that 56 is slightly over half of 96.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 56 out of 96 students passed a test, you could say that 58.33% of the class succeeded. Or if a sports team won 56 games out of a 96-game season, their winning percentage would be 58.33%. This percentage gives a quick and easy way to understand the relative size or proportion of the fraction 56/96.