The fraction 70/87 is equal to 80.46% when converted to a percentage and rounded to two decimal places. This means that 70 out of 87 parts represent about 80% of the whole. It's a bit more than three-quarters but not quite as much as four-fifths of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 70 out of 87 students passed a test, you could say that 80.46% of the class succeeded. Or if a basketball player made 70 out of 87 free throw attempts in a season, their free throw percentage would be 80.46%. This percentage is generally considered quite good in many scenarios, showing a high level of success or completion.