The fraction 46/93 is equal to 49.46% when converted to a percentage and rounded to two decimal places. This means that if you had 93 items and selected 46 of them, you'd be choosing just under half of the total. It's a bit less than 50%, but pretty close.
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 93 people surveyed preferred a certain product, you could say that 49.46% of respondents liked it. This gives a quick and easy way to understand the proportion without having to think about the original fraction.