The fraction 7/8 is equal to 87.50% when converted to a percentage. This common fraction represents seven out of eight equal parts of a whole. It's a value that's very close to 1 or 100%, missing just one-eighth to make a complete unit.
In everyday life, you might encounter 7/8 or 87.50% in various situations. For example, if you've completed 7 out of 8 tasks on your to-do list, you've finished 87.50% of your work. Or if a pizza has 8 slices and you eat 7 of them, you've consumed 7/8 or 87.50% of the pizza. This fraction and its percentage equivalent are useful for expressing large portions of a whole in both academic and real-world contexts.