The fraction 29/62 is equal to 46.77% when converted to a percentage and rounded to two decimal places. This means that if you had 62 equal parts of something and took 29 of those parts, you'd have about 46.77% of the whole. It's a bit less than half, but pretty close.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 29 out of 62 people in a survey preferred a certain product, you could say that 46.77% of the respondents liked it. Or if you completed 29 out of 62 tasks on your to-do list, you'd have finished about 46.77% of your work. It's a handy way to express parts of a whole in a more easily understood format.