The fraction 42/82 is equal to 51.22% when converted to a percentage and rounded to two decimal places. This means that 42 out of 82 parts represent just over half of the total. It's a bit more than 50%, but not by much.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 42 out of 82 students in a school passed a test, you could say that 51.22% of the students were successful. Or if 42 out of 82 products in a store were on sale, you'd know that slightly more than half of the items had discounted prices. Understanding these equivalents can be helpful for quick mental math and estimations in daily life.