46/68 as a percentage is 67.65%. This number tells you how much of a whole the fraction represents when expressed in percent form.
The fraction 46/68 can be reduced to 23/34, but it still has the same value as the original pair of numbers. Whether you write it as a fraction, a decimal, or a percent, the size of the part compared to the whole stays the same.
Knowing that 67.65% is the percent equivalent helps when you need to compare this portion to other percentages, such as test scores, discounts, or data reports. It makes the information easy to read and understand at a glance.