The fraction 87/99 is equal to 87.88% 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 87 of those parts, you'd have about 87.88% of the total.
To put this in perspective, 87.88% is pretty close to 90%, which is 9/10 or almost the whole thing. It's a fairly high percentage, showing that 87/99 is a significant portion of a whole. This fraction and its percentage equivalent could be useful in various real-world situations, like calculating grades, measuring progress, or determining the completion of a task.