The fraction 80/99 is equal to 80.81% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 99 equal parts of something and took 80 of those parts, you'd have about 80.81% of the total.
When dealing with fractions and percentages, it's often helpful to think about real-world examples. For instance, if a class of 99 students had 80 students present on a given day, the attendance rate would be 80/99 or approximately 80.81%. This shows that a large majority of the class was in attendance, even though it's not quite 81% or higher.