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 life, you might see this kind of fraction used in statistics or probabilities. For example, if 71 out of 92 people surveyed liked a new product, a company might say that 77.17% of respondents had a positive reaction. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.
