The fraction 43/88 is equal to 48.86% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 88 equal parts of something and took 43 of those parts, you'd have about 48.86% of the total.
To put this in perspective, 48.86% is just slightly less than half. It's pretty close to 50%, which would be exactly half. So if you're dealing with 43 out of 88 of anything - whether it's slices of pizza, pages in a book, or hours in a week - you're working with a little under half of the total amount.
