The fraction 45/63 is equal to 71.43% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a part-to-whole relationship, where 45 is the numerator (part) and 63 is the denominator (whole).
In everyday situations, percentages are often more intuitive and easier to understand than fractions. For example, if 45 out of 63 students in a class passed a test, saying that 71.43% of students passed gives a clearer picture of the overall performance. This percentage allows for quick comparisons and helps in making decisions based on relative proportions.