The fraction 57/73 is equal to 78.08% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 57 by 73, you'd get a decimal value that's pretty close to 78% of a whole. It's a bit more than three-quarters but not quite four-fifths of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 57 out of 73 students passed a test, you could say the pass rate was about 78%. Or if a basketball player made 57 out of 73 free throw attempts, their free throw percentage would be roughly 78%. It's a useful number to know for quick mental math and estimations in daily life.