The fraction 36/74 is equal to 48.65% when converted to a percentage and rounded to two decimal places. This means that 36 out of 74 parts represent just under half of the total. It's a bit less than 50%, which would be exactly half.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 36 out of 74 students in a class passed a test, you could say that 48.65% of the class succeeded. Or if you completed 36 out of 74 tasks on your to-do list, you'd have finished 48.65% of your work. This percentage gives a clear picture of how much of something is being referred to, making it easier to understand than the original fraction.