42 divided by 93 equals 45.16%. This is the percentage you get when you change the fraction 42/93 into a percent and round it to two decimal places.
The fraction 42/93 can be reduced to 14/31, but the value stays the same. Whether you work with the original numbers or the reduced ones, the result as a percent does not change.
Knowing the percent form is handy for quick comparisons. If you see 45.16% on a chart or a report, you now know it comes from the fraction 42/93.