The fraction 67/78 is equal to 85.90% when converted to a percentage and rounded to two decimal places. This means that 67 out of 78 parts represent about 86% of the whole. It's a fairly high percentage, showing that the fraction is close to being a complete unit.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 67 out of 78 students passed a test, you could say the pass rate was 85.90%. Or if a battery is charged to 67/78 of its full capacity, it would be at 85.90% charge. This fraction and its percentage equivalent are useful for expressing parts of a whole in different formats, depending on what's most appropriate for the situation.