The fraction 31/66 is equal to 46.97% when converted to a percentage and rounded to two decimal places. This means that if you had 66 items and selected 31 of them, you'd have chosen about 47% of the total. It's a bit less than half, but pretty close.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales discounts, or even cooking measurements. For example, if a recipe calls for 31/66 of a cup of flour, you could think of it as using nearly 47% of the cup. While it's not a common fraction to work with, understanding its percentage equivalent can make it easier to grasp in practical terms.