The fraction 46/58 is equal to 79.31% when converted to a percentage and rounded to two decimal places. This means that if you had 58 equal parts of something and took 46 of those parts, you'd have about 79% of the whole. It's a fairly large portion, more than three-quarters but not quite four-fifths of the total.
In everyday situations, you might see this fraction or percentage used to describe things like test scores, survey results, or progress towards a goal. For example, if 46 out of 58 people in a class passed an exam, you could say that 79.31% of the class was successful. This percentage gives a quick and easy way to understand the proportion without having to think about the original fraction.