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 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 you're following a recipe and need to use 7/8 of a cup of an ingredient, you'd be using most of the cup, leaving just a small portion unused. This fraction is often used in measurements, statistics, and calculations where precision is important.