The fraction 80/83 is equal to 96.39% when converted to a percentage and rounded to two decimal places. This means that if you had 83 equal parts of something and took 80 of those parts, you'd have about 96.39% of the whole. It's a pretty high percentage, showing that 80/83 is close to being a complete set or a full amount.
In everyday situations, you might see this kind of fraction when dealing with test scores, project completion rates, or even in cooking recipes. For example, if a recipe calls for 83 grams of sugar and you only have 80 grams, you're still using 96.39% of the required amount. That's usually close enough for most purposes, unless you're doing something that requires extreme precision.