The correct answer is 9/16.
Explanation:
56 1/4 = 56.25
56.25%=56.25/100.
We can multiply the top and bottom by 100 to move the decimal two places to the right (and not have a decimal within a fraction):
56.25/100 * 100/100=5625/10000.
Since the top ends in 5 and the bottom ends in 0, both are divisible by 5, which gives us 1125/2000.
Again both are divisible by 5, which gives us 225/400.
Yet again both are divisible by 5, so we have 45/80.
And again, both are divisible by 5, which gives us 9/16.