The fraction 16/46 is equal to 34.78% when converted to a percentage and rounded to two decimal places. This means that 16 out of 46 parts represent about a third of the total. It's a bit more than one-third, which would be 33.33%, but not quite as much as 35%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 16 out of 46 students in a class prefer pizza over other lunch options, you could say that 34.78% of the class likes pizza best. This percentage gives a clearer picture of the proportion compared to the original fraction, making it easier to understand at a glance.