The fraction 62/87 is equal to 71.26% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 62 by 87, you'd get a decimal that's just over 71% of a whole. It's a bit more than seven-tenths or 70%, but not quite as much as three-quarters or 75%.
In everyday life, you might come across this fraction or percentage in various situations. For example, if 62 out of 87 people in a survey preferred a certain product, you could say that 71.26% of respondents liked it. Or if you completed 62 out of 87 tasks on your to-do list, you'd have finished about 71% of your work. This percentage gives us a clearer picture of how much of something we're dealing with, making it easier to understand and compare to other amounts.