The fraction 58/81 is equal to 71.60% when converted to a percentage and rounded to two decimal places. This means that if you had 81 equal parts of something and took 58 of those parts, you'd have about 71.60% of the whole. It's a bit more than two-thirds but not quite three-quarters of the total.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 58 out of 81 students in a class passed a test, you could say that 71.60% of the class succeeded. Or if a basketball player made 58 out of 81 free throw attempts in a season, their free throw percentage would be 71.60%. This percentage is generally considered pretty good in many contexts, showing a clear majority or a strong performance.