46/64 as a percentage is 71.88%. This number tells you how much of a whole the fraction represents when you look at it on a scale of 100. It’s a handy way to compare the size of the fraction with other values that are given in percent form.
The fraction 46/64 can also be simplified to 23/32, which still represents the same portion of a whole. Whether you write it as a fraction or a percent, it describes the same amount—just in two different formats that are useful in different situations.
When you see 71.88% on a report, a chart, or a test score, you now know it comes from the fraction 46/64. It’s a quick reference that makes it easier to understand how large that part is compared to the whole.