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 took 47 of them, you'd have about 65% of the total. It's a bit more than half, but not quite two-thirds.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 47 out of 72 students passed a test, you could say the pass rate was 65.28%. 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 fraction and its equivalent percentage are useful for comparing parts to wholes in many different contexts.