PART A
$A = 54.75 = 110110.11_2$
Coming to the floating point representation we need to know whether to use "implied 1" in normalized representation or not. This is a 1997 question and IEEE-754 was not there and hence we cannot assume implied one.
So, $A = 110110.11 = 0.11011011 \times 2^{6}$
Thus mantissa $ = 11011011$ and exponent $ = 110.$ We use sign magnitude representation for both mantissa and exponent, mantissa bits are $6$ including sign and exponent bits are $4$ including sign. So, we get
mantissa $= 011011$ and exponent $ = 0110$ which means $A = (011011,0110)$
$B = 9.75 = 1001.11_2$
$\qquad = 0.100111 \times 2^{4}$
So, mantissa bits $ = 010011$ (truncated to $6$ bits) and exponent bits $ = 0100.$
$\implies B = (010011,0100)$
PART B
To add two floating point numbers we must first make their exponents same and then add the mantissas. To make the exponents same we must make the smaller one equal to the larger (we cannot do the other way around as we can only shift the mantissa bits to right but not the left).
Here, $A = (011011,0110)$ and $B = (010011,0100).$
Since, exponent of $A$ is larger we change $B$ to $B = (000100,0110).$
Now, adding the mantissa parts of $A$ and $B$ (MSB is sign bit and not added as in $2's$ complement representation) we get $11011 + 00100 = 11111.$ Thus we get $A + B = (011111, 0110).$
PART C
Precise Result of $A + B = 54.75+9.75 = 64.5$
Result got in Part (b) $ = 0.11111 \times 2^6 = 111110_2 = 62_{10}.$
So, $\text{absolute error} = \mid 62 - 64.5 = 2.5$
$\text{Percentage Error} = \dfrac{\text{Error}}{\text{Original Value}} \times 100 = \dfrac{2.5}{64.5} \times 100 = 3.87\%$