The fraction 58/74 is equal to 78.38% when converted to a percentage and rounded to two decimal places. This means that 58 out of 74 parts represent about 78% of the whole. It's a bit more than three-quarters, which would be 75%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 58 out of 74 students passed a test, you could say that 78.38% of the class succeeded. Or if a basketball player made 58 out of 74 free throw attempts in a season, their free throw percentage would be 78.38%. This percentage is generally considered pretty good in many scenarios, as it's closer to 100% than it is to 50%.
