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 practical terms, it means that 43 out of every 88 parts or units make up nearly half of the total.
To visualize this, imagine a large pizza cut into 88 slices. If you were to take 43 of those slices, you'd have about 49% of the pizza. This fraction and its percentage equivalent can be useful in various real-world situations, such as calculating probabilities, expressing test scores, or determining portions in recipes.