The fraction 47/69 is equal to 68.12% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (69) the part (47) takes up. It's a way to express the fraction as parts per hundred, making it easier to understand and compare to other values.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 47 out of 69 students in a class passed a test, you could say that 68.12% of the class succeeded. This percentage gives a quick and clear picture of the proportion, allowing for easy comparison with other classes or test results.