The fraction 76/95 is equal to 80.00% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents how much of the whole (95) is taken up by the part (76). It's a way to express the fraction as parts per hundred, making it easier to understand and compare with other values.
In everyday life, you might come across situations where 80% is used. For example, if a battery is charged to 80%, it means it has 4/5 of its full capacity. Or if 80% of students pass a test, it means 4 out of every 5 students were successful. The fraction 76/95 is very close to this common percentage, showing how fractions and percentages can be used interchangeably to express similar quantities.