The fraction 38/51 is equal to 74.51% when converted to a percentage and rounded to two decimal places. This means that if you had 51 equal parts of something and took 38 of those parts, you'd have about three-quarters of the whole. It's a bit more than 7 out of 10 or 70%, but not quite as much as 3 out of 4 or 75%.
In everyday situations, you might see this percentage used to describe things like test scores, sales discounts, or progress towards a goal. For example, if a student got 38 questions right out of 51 on a quiz, their score would be 74.51%. Or if a store was offering a 74.51% discount, customers would pay just over a quarter of the original price for an item.