The fraction 47/72 is equal to 65.28% when converted to a percentage and rounded to two decimal places. This means that if you had 72 items and selected 47 of them, you'd have chosen about 65% of the total. It's a bit more than half, but not quite two-thirds.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 47 out of 72 students passed a test, you could say that 65.28% of the class succeeded. Or if a basketball player made 47 out of 72 free throw attempts in a season, their free throw percentage would be 65.28%. This percentage is useful for comparing different fractions or understanding parts of a whole more easily.