The fraction 43/96 is equal to 44.79% when converted to a percentage and rounded to two decimal places. This means that if you had a pie cut into 96 slices and took 43 of them, you'd have about 45% of the whole pie. It's a bit less than half, but still a good chunk!
In everyday life, you might see this percentage used in various situations. For example, if 43 out of 96 students passed a test, the pass rate would be 44.79%. Or if a sports team won 43 games out of a 96-game season, their winning percentage would be the same. It's not quite half, but it's getting close, showing a decent level of success or completion in many contexts.