The fraction 31/67 is equal to 46.27% when converted to a percentage and rounded to two decimal places. This means that 31/67 represents about 46 out of every 100 parts, or slightly less than half. It's a bit tricky to visualize this fraction at first glance, but thinking of it as a percentage can make it easier to understand.
In everyday life, you might come across this fraction or percentage in various situations. For example, if 31 out of 67 people in a survey preferred a certain product, you could say that 46.27% of respondents liked it. Or if you completed 31 out of 67 tasks on your to-do list, you'd have finished about 46% of your work. While it's not a common fraction like 1/2 or 3/4, knowing its percentage equivalent can be helpful in practical applications.