The fraction 71/72 is equal to 98.61% when converted to a percentage and rounded to two decimal places. This means that 71/72 represents a very large portion of a whole, just shy of 100%. It's a fraction that's incredibly close to being complete or finished.
In practical terms, 71/72 could be used to describe situations where something is nearly complete. For example, if a student answered 71 out of 72 questions correctly on a test, they would have scored 98.61%. This high percentage indicates an excellent performance, with only a tiny fraction missing from a perfect score. Similarly, if 71 out of 72 people in a group agreed on something, it would represent an overwhelming majority at 98.61%.