The fraction 76/88 is equal to 86.36% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a part-to-whole relationship, where 76 is the numerator (part) and 88 is the denominator (whole).
In everyday situations, percentages are often more intuitive and easier to understand than fractions. For example, if 76 out of 88 students in a class passed an exam, saying that 86.36% of students passed gives a clearer picture of the overall performance. This percentage shows that a large majority of the class succeeded, which might be harder to grasp quickly when presented as the fraction 76/88.