The fraction 71/92 is equal to 77.17% when converted to a percentage and rounded to two decimal places. This means that if you had 92 items and took 71 of them, you'd have about 77% of the total. It's a bit more than three-quarters, which would be 75%.
In everyday situations, you might see this kind of fraction used to describe things like test scores, survey results, or progress on a project. For example, if 71 out of 92 people in a group liked a new product, you could say that 77.17% of the group approved. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.