46/99 as a percentage is 46.46%. This is the rounded value you’ll see most often when the fraction is expressed as a percent.
The fraction 46/99 is a little less than one half. In decimal form it repeats (0.464646…), which is why the percentage ends with the same “46” pattern.
Rounding to two decimal places gives 46.46%, a tidy figure that’s easy to read and compare with other percentages.
You’ll run into this kind of number in surveys, test scores, or any situation where a portion of a whole is measured out of 99 parts. It’s a handy way to see the size of the part at a glance.