The fraction 60/88 is equal to 68.18% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a bit more than two-thirds of the whole, which means if you had 88 items and took away 60 of them, you'd be left with about 32% of the original amount.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 60 out of 88 students in a school passed a test, you could say that 68.18% of the students were successful. Or, if a store sold 60 out of 88 items during a sale, they could report that 68.18% of their inventory was purchased.