The fraction 59/89 is equal to 66.29% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 59 by 89, you'd end up with a little more than 66 out of 100. It's a bit higher than half, but not quite two-thirds.
In everyday life, you might come across this percentage in various situations. For example, if 59 out of 89 students passed a test, you could say that 66.29% of the class succeeded. Or if a basketball player made 59 out of 89 free throw attempts in a season, their free throw percentage would be 66.29%. It's a useful way to express parts of a whole in a format that's easy to understand and compare.