The fraction 63/71 is equal to 88.73% when converted to a percentage and rounded to two decimal places. This means that 63 out of 71 parts represent about 89% of the whole. It's a fairly high percentage, showing that the fraction is close to, but not quite, a complete unit.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 63 out of 71 students passed a test, you could say the pass rate was 88.73%. Or if a battery is charged to 63/71 of its full capacity, you'd have about 88.73% battery life remaining. This fraction and its equivalent percentage are useful for expressing parts of a whole in different formats, depending on what's most appropriate for the situation.