The fraction 29/64 is equal to 45.31% when converted to a percentage and rounded to two decimal places. This means that if you had 64 equal parts of something and took 29 of those parts, you'd have about 45% of the whole. It's a bit less than half, but pretty close.
In everyday life, you might see this fraction or percentage used in various situations. For example, if a survey showed that 29 out of 64 people preferred a certain product, that would be the same as saying about 45% of people liked it. Or in sports, if a basketball player made 29 out of 64 free throw attempts over a season, their free throw percentage would be around 45%.