The fraction 45/74 is equal to 60.81% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 45 by 74, you'd end up with a little over 60% of the whole. It's a bit more than half, but not quite two-thirds.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 45 out of 74 students passed a test, you could say that 60.81% of the class succeeded. Or if you completed 45 pages of a 74-page book, you'd be about 61% of the way through your reading. Understanding these equivalences can be helpful in quickly grasping proportions and making comparisons in daily life.