The fraction 42/48 is equal to 87.50% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (48) is accounted for by the part (42). It's a way to express the fraction as parts per hundred, making it easier to understand and compare with other values.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 42 out of 48 students in a class passed an exam, you could say that 87.50% of the class succeeded. This percentage gives a quick and clear picture of how well the class performed overall, without needing to know the total number of students.