The fraction 29/50 equals 58.00%. This is the direct percentage you get when you turn the fraction into a percent and round to two decimal places.
29 out of every 50 parts represents a little more than half of the whole. In everyday language, saying "29 out of 50" is a clear way to show the same amount without using decimals.
When you need to compare this amount with other percentages, the 58.00% figure makes it easy to see that it is just a bit above the midpoint of 50%. This kind of conversion is common in grades, sales discounts, and simple statistics.