The fraction 71/80 is equal to 88.75% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a pretty high percentage, showing that 71 out of 80 parts or units are being considered.
To put this in perspective, 88.75% is close to 90%, which is often thought of as an A grade in many schools. It's a significant majority, representing more than three-quarters of the total. In practical terms, if you had a pizza cut into 80 slices and ate 71 of them, you'd have consumed 88.75% of the whole pizza.