The fraction 31/48 is equal to 64.58% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 48 equal parts of something and took 31 of those parts, you'd have about 64.58% of the total.
To put this in perspective, 64.58% is a bit less than two-thirds of a whole. It's more than half but not quite three-quarters. In everyday situations, you might encounter this percentage in various contexts, such as test scores, sales discounts, or progress towards a goal. For example, if you completed 31 out of 48 tasks on your to-do list, you could say you're about 64.58% done with your work.
