The fraction 46/75 is equal to 61.33% when converted to a percentage and rounded to two decimal places. This means that if you had 75 items and took 46 of them, you'd have about 61% of the total. It's a bit more than half, but not quite two-thirds.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 46 out of 75 students passed a test, you could say the pass rate was 61.33%. Or if a basketball player made 46 out of 75 free throw attempts, their free throw percentage would be 61.33%. This fraction and its equivalent percentage are useful for comparing parts to wholes in many different contexts.