The fraction 62/70 is equal to 88.57% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a fairly high percentage, representing more than three-quarters of the whole.
To put this in perspective, if you had a pie cut into 70 slices and took 62 of them, you'd have 88.57% of the pie. This fraction is close to, but not quite, 90%. It's useful in various situations where you need to express a part of a whole, like test scores, survey results, or statistical data.