The fraction 71/84 is equal to 84.52% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (84) is taken up by the part (71). It's a way to express the fraction as parts per hundred, making it easier to understand and compare to other values.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 71 out of 84 students in a school passed a test, you could say that 84.52% of the students were successful. This percentage gives a quick and clear picture of the overall performance, showing that a large majority of the students passed the exam.