The fraction 47/58 is equal to 81.03% when converted to a percentage and rounded to two decimal places. This means that if you had 58 equal parts of something and took 47 of those parts, you'd have about 81% of the whole. It's a pretty big chunk, more than three-quarters but not quite as much as four-fifths.
To put it in perspective, if you scored 47 out of 58 on a test, you'd be doing pretty well. That's a solid B grade in most schools. Or if you completed 47 out of 58 tasks on your to-do list, you'd be making great progress. It's the kind of fraction that shows you're most of the way there, with just a bit more to go before you hit 100%.