The fraction 33/50 is equal to 66.00% when converted to a percentage and rounded to two decimal places. This means that 33 out of 50 parts represent about two-thirds of the whole. It's a bit more than half but not quite three-quarters.
In everyday situations, you might see this fraction or percentage used in various contexts. For example, if 33 out of 50 students passed a test, you could say the pass rate was 66%. Or if a sports team won 33 games out of a 50-game season, their winning percentage would be 66%. This fraction is useful for quick mental math, as it's close to some common benchmarks like 50% (half) and 75% (three-quarters).