31/64 as a percentage is 48.44%. This fraction is just under one‑half, so its percentage reflects that it’s a little less than 50 %.
The fraction 31/64 means you have 31 equal parts out of a total of 64 parts. When you look at it in everyday terms, it’s close to half of a whole thing, but not quite there.
Because the percentage is rounded to two decimal places, you get a tidy figure that’s easy to compare with other numbers. It’s useful for quick estimates, like figuring out how much of a budget is used or what portion of a class passed a test.
In short, whenever you see 48.44%, you can remember it represents the fraction 31/64 – just a bit under half.