The fraction 60/96 is equal to 62.50% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a part-to-whole relationship, where 60 is the numerator (part) and 96 is the denominator (whole).
In everyday situations, percentages are often used to express proportions or ratios. For example, if 60 out of 96 students in a school passed a test, we could say that 62.50% of the students were successful. This makes it easier to understand and compare different quantities, especially when dealing with large numbers or complex fractions.