The fraction 4/48 is equal to 8.33% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. While fractions are useful in many situations, percentages can often be easier to understand and compare quickly.
In everyday life, you might encounter 4/48 or 8.33% in various contexts. For example, it could represent a small portion of a whole, like a slice of a large pizza divided into 48 pieces. It might also appear in financial calculations, such as a modest interest rate on a savings account or a small discount on a purchase. Understanding both the fraction and percentage forms can help you make sense of these situations more easily.