The fraction 87/89 is equal to 97.75% when converted to a percentage and rounded to the nearest two decimal places. This means that 87/89 represents a value very close to 100%, or a whole unit. It's a high percentage that indicates a large portion of something, just shy of being complete or total.
In practical terms, 97.75% could be used to describe things like test scores, efficiency ratings, or completion levels. For example, if a student got 87 out of 89 questions correct on a test, they would have scored 97.75%. This percentage shows that they performed extremely well, missing only a tiny fraction of the total possible points.