The fraction 62/86 is equal to 72.09% when converted to a percentage and rounded to two decimal places. This means that 62 out of 86 parts represent about 72% of the whole. It's a bit more than seven-tenths or 70% of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 62 out of 86 students in a class passed a test, you could say that 72.09% of the class succeeded. Or if a basketball player made 62 out of 86 free throw attempts in a season, their free throw percentage would be 72.09%. This percentage is often used to give a clearer picture of a part-to-whole relationship.