38/48 as a percentage is 79.17%. This rounded figure tells you how much of a whole the fraction represents when you look at it on a scale of 100.
The fraction 38/48 can also be written in a simpler form, 19/24, but it still equals the same 79.17%. Whether you see the numbers as a fraction or a percent, the value stays consistent.
In everyday terms, 79.17% means you have about 79 parts out of 100. You might encounter this kind of percentage when looking at test scores, discounts, or any situation where a portion of a whole is expressed in percent form.