The fraction 70/87 is equal to 80.46% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 70 by 87, you'd get a decimal value that's pretty close to 0.8046. It's a bit more than 80%, but not quite as high as 81%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, survey results, or even in cooking measurements. For example, if 70 out of 87 people in a group agreed on something, you could say that 80.46% of the group was in agreement. It's a useful way to express a part of a whole, making it easier to understand and compare with other values.