46/50 as a percentage is 92.00%. This tells you that the fraction is just a little less than a whole, or 100%.
The fraction 46/50 can be thought of as 46 parts out of 50 equal parts. Because the numerator is close to the denominator, the value is high, which is why the percentage is in the nineties.
In everyday situations, you might see this percentage used to describe a score, a completion rate, or a discount that is almost total. Rounding to two decimal places keeps the figure clear and easy to compare with other percentages.
