The fraction 46/67 is equal to 68.66% when converted to a percentage and rounded to two decimal places. This means that if you had 67 equal parts of something and took 46 of those parts, you'd have about 68.66% of the whole. It's a bit more than two-thirds but not quite three-quarters of the total.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a student got 46 questions right out of 67 on a test, they'd score about 68.66%. Or if a store sold 46 items out of their stock of 67, they'd have sold approximately 68.66% of their inventory.