The fraction 46/83 is equal to 55.42% when converted to a percentage and rounded to two decimal places. This means that if you had 83 items and selected 46 of them, you'd be choosing about 55% of the total. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 46 out of 83 people surveyed preferred a certain product, you could say that 55.42% of respondents favored it. This percentage gives a clearer picture of the proportion compared to the original fraction, making it easier for most people to understand at a glance.