The fraction 45/76 is equal to 59.21% when converted to a percentage and rounded to two decimal places. This means that if you had 76 items and took 45 of them, you'd have about 59% of the total. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might see this kind of fraction used to describe things like test scores, survey results, or progress on a project. For example, if 45 out of 76 people in a class passed an exam, you could say that 59.21% of the students were successful. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.