The fraction 45/86 is equal to 52.33% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 86 equal parts and take 45 of those parts, you'd have about 52.33% of the whole. It's a bit more than half, but not quite as much as 55% or three-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 45 out of 86 students in a class passed a test, you could say that 52.33% of the class succeeded. Or if a sale offers 45/86 off the original price, you'd be getting a discount of about 52.33%. While it's not a common fraction you'd use in daily life, understanding its percentage equivalent can be helpful in certain calculations or comparisons.