The fraction 47/64 is equal to 73.44% when converted to a percentage and rounded to two decimal places. This means that if you had 64 equal parts of something and took 47 of those parts, you'd have about 73% of the whole. It's a bit more than three-quarters, which would be 75%.
In everyday life, you might see this fraction used in things like test scores or statistics. For example, if someone answered 47 out of 64 questions correctly on a quiz, they'd score about 73%. This percentage is pretty good, showing that the person got nearly three-quarters of the answers right.