The fraction 32/50 is equal to 64.00% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 50 items and took 32 of them, you'd have 64% of the total.
Understanding percentages like this can be useful in many real-world situations. For example, if you scored 32 out of 50 on a test, you'd know you got 64% correct. Or if a store was offering a 64% discount, you'd know that's equivalent to reducing the price by about 32/50ths. Percentages make it easier to compare different fractions and understand proportions quickly.