The fraction 83/87 is equal to 95.40% when converted to a percentage and rounded to two decimal places. This means that 83 out of 87 parts represent just over 95% of the whole. It's a pretty high percentage, showing that the fraction is close to being a complete unit.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 83 out of 87 students passed a test, you could say the pass rate was 95.40%. Or if a battery is charged to 83/87 of its full capacity, it would be at 95.40% charge. This fraction and its percentage equivalent are useful for expressing large portions of a whole in different formats.