The fraction 73/88 is equal to 82.95% when converted to a percentage and rounded to two decimal places. This means that if you had 88 equal parts of something and took 73 of those parts, you'd have about 83% of the whole. It's a pretty high percentage, showing that 73/88 represents a large portion of a whole.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 73 out of 88 students passed a test, you could say the pass rate was 82.95%. Or if a basketball player made 73 out of 88 free throw attempts, their free throw percentage would be 82.95%. This percentage is often used to give a clearer picture of what a fraction represents in relation to the whole.