The fraction 70/88 is equal to 79.55% when converted to a percentage. This means that if you had 88 items and took 70 of them, you'd have 79.55% of the total. It's a pretty high percentage, showing that 70 is close to 88 in value.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 70 out of 88 students passed a test, you could say the pass rate was 79.55%. Or if a basketball player made 70 out of 88 free throws in a season, their free throw percentage would be 79.55%. It's a useful way to express parts of a whole in a format that's easy to understand and compare.