The fraction 45/74 is equal to 60.81% when converted to a percentage and rounded to two decimal places. This means that 45 out of 74 parts represent about 61% 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 in a class passed a test, you could say that 60.81% of the class succeeded. Or if you completed 45 out of 74 tasks on your to-do list, you've finished about 61% of your work. Understanding these equivalents can help you quickly grasp proportions and make comparisons in daily life.