The fraction 70/96 is equal to 72.92% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a part-to-whole relationship, where 70 is the numerator (part) and 96 is the denominator (whole).
In everyday situations, percentages are often more intuitive and easier to understand than fractions. For example, if you scored 70 out of 96 points on a test, you might find it more meaningful to know that you got 72.92% correct. This percentage gives you a clearer idea of how well you performed compared to a perfect score of 100%.