The fraction 31/64 is equal to 48.44% when converted to a percentage and rounded to two decimal places. This means that if you had 64 equal parts of something and took 31 of those parts, you'd have about 48.44% 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 found that 31 out of 64 people preferred a certain product, you could say that 48.44% of the group liked it. Or in sports, if a basketball player made 31 out of 64 free throw attempts over a season, their free throw percentage would be 48.44%.
