The fraction 24/49 is equal to 48.98% when converted to a percentage and rounded to two decimal places. This means that 24/49 represents slightly less than half of a whole. It's a bit smaller than 1/2 or 50%, but not by much.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 24 out of 49 students in a class passed a test, you could say that 48.98% of the class succeeded. Or if you're looking at a progress bar that's about half full, it might be showing around 24/49 or 48.98% completion. This fraction and its percentage equivalent are useful for expressing parts of a whole that are close to, but not quite, half.