The fraction 45/62 is equal to 72.58% when converted to a percentage and rounded to two decimal places. This means that if you had 62 items and took 45 of them, you'd have about 72.58% of the total. It's a bit more than 7/10 or 70%, which might be easier to picture.
In everyday situations, you might see this kind of fraction used to describe things like test scores, sales figures, or statistics. For example, if 45 out of 62 people in a survey preferred a certain product, you could say that 72.58% of respondents liked it. This percentage gives a clearer picture of the proportion than the original fraction for many people.