The fraction 45/46 is equal to 97.83% when converted to a percentage and rounded to two decimal places. This means that 45/46 represents a value very close to, but slightly less than, a whole or 100%. It's a high percentage that indicates nearly all of something is present or accounted for.
To put this in perspective, if you had a pizza cut into 46 slices and ate 45 of them, you'd have consumed 97.83% of the pizza. There would be only one tiny slice left, which is about 2.17% of the whole pizza. This fraction and its percentage equivalent are often used in statistics, probabilities, and other mathematical applications where precision is important.