The fraction 34/47 is equal to 72.34% when converted to a percentage and rounded to two decimal places. This means that if you had 47 items and took 34 of them, you'd have about 72% of the total. It's a bit more than seven-tenths or 70% of the whole amount.
While 72.34% isn't a common percentage you'd see every day, it's still useful to understand. For example, if you scored 34 out of 47 on a test, you'd get about a 72% grade. Or if you completed 34 out of 47 tasks on your to-do list, you'd be roughly 72% done with your work. Understanding these kinds of conversions can help in various real-world situations.