The fraction 58/73 is equal to 79.45% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 58 by 73, you'd get a decimal that's pretty close to 0.7945. It's a bit more than three-quarters of the way to 100%, which makes sense since 58 is a good chunk of 73.
In everyday life, you might come across this percentage in various situations. For example, if 58 out of 73 people in a survey liked a new product, you could say that 79.45% of respondents approved. Or if you completed 58 questions out of a 73-question test, you'd have finished about 79.45% of the exam. It's a useful way to express the fraction in terms that are easier for most people to understand quickly.