74/80 as a percentage is 92.50%. This value shows that the fraction is very close to a whole, just a little short of 100%.
The fraction 74/80 can be reduced to 37/40, which still represents the same part of a whole. Whether you write it as 74/80 or 37/40, the size of the portion doesn’t change.
A percentage like 92.50% is useful in everyday situations—grades, discounts, or statistics—because it’s easy to compare with other percentages. It tells you that the amount is just a bit under a full 100%, making it clear how much is left to reach the whole.
