The fraction 45/50 is equal to 90.00% when converted to a percentage and rounded to two decimal places. This means that 45 out of 50 parts represent 90% of the whole. It's a pretty high percentage, showing that most of the total is accounted for.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if you answered 45 out of 50 questions correctly on a test, you'd have scored 90%. Or if 45 out of 50 people in a group agreed on something, that would represent 90% agreement. This fraction and its equivalent percentage are useful for understanding proportions and making quick comparisons.