The fraction 46/99 is equal to 46.46% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In practical terms, it means that if you had 99 equal parts of something and took 46 of those parts, you'd have about 46.46% of the total.
When dealing with fractions and percentages, it's often helpful to think about real-world examples. For instance, if a class of 99 students had 46 students present, the attendance rate would be 46/99 or 46.46%. This percentage gives a quick and easy way to understand the proportion or ratio being described, making it useful in many everyday situations and calculations.