The fraction 31/73 is equal to 42.47% when converted to a percentage and rounded to two decimal places. This percentage represents how much of 73 the number 31 is. It's a way to express the fraction as parts per hundred, making it easier to compare to other percentages.
While 42.47% might not seem like a nice, round number, it's actually quite common to encounter percentages like this in real-world situations. For example, you might see similar percentages when looking at test scores, financial data, or scientific measurements. Understanding how fractions relate to percentages can be helpful in many areas of life, from managing personal finances to interpreting statistics in the news.