The fraction 64/74 is equal to 86.49% when converted to a percentage and rounded to two decimal places. This means that 64 out of 74 parts represent about 86 and a half percent of the whole. It's a fairly high percentage, showing that the fraction is close to, but not quite, a complete whole.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 64 out of 74 students passed a test, you could say the pass rate was 86.49%. Or if a basketball player made 64 out of 74 free throw attempts, their free throw percentage would be 86.49%. This percentage indicates a high level of success or completion in many scenarios.