The fraction 33/48 is equal to 68.75% when converted to a percentage. This percentage represents how much of a whole the fraction represents. In other words, if you had 48 equal parts of something and took 33 of those parts, you'd have 68.75% of the whole.
To put this into perspective, 68.75% is more than half but less than three-quarters of a whole. It's a bit like filling up about two-thirds of a glass of water. This percentage is often used in various fields like statistics, finance, and education to express parts of a whole or to compare different quantities.