The fraction 27/48 is equal to 56.25% when converted to a percentage. This means that if you had 48 items and took 27 of them, you'd have 56.25% of the total. It's a bit more than half, which makes sense since 27 is more than half of 48.
In everyday life, you might see this fraction or percentage used in various situations. For example, if a student got 27 questions right out of 48 on a test, they'd score 56.25%. Or if a basketball player made 27 out of 48 free throw attempts in a season, their free throw percentage would be 56.25%. It's a useful fraction to know, especially when dealing with situations involving parts of a whole or success rates.