The fraction 57/88 is equal to 64.77% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 57 parts out of a total of 88 parts. It's a bit less than two-thirds, which would be about 66.67%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 57 out of 88 students passed a test, you could say that 64.77% of the class passed. Or if a basketball player made 57 out of 88 free throw attempts over a season, their free throw percentage would be 64.77%. This percentage gives a quick and easy way to understand the relative size or proportion of the fraction.