The fraction 38/48 is equal to 79.17% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a bit more than three-quarters of the whole, which means it's closer to 100% than it is to 50%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 38 out of 48 students in a class passed a test, you could say that 79.17% of the class succeeded. Similarly, if a basketball player made 38 out of 48 free throw attempts in a season, their free throw percentage would be 79.17%.