The fraction 47/80 is equal to 58.75% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a part-to-whole relationship, where 47 is the numerator (part) and 80 is the denominator (whole).
In everyday situations, percentages are often more intuitive and easier to understand than fractions. For example, if you're looking at test scores, it's simpler to say someone scored 58.75% rather than 47/80. Both represent the same value, just in different formats. Percentages are commonly used in various fields like finance, statistics, and data analysis to express proportions and make comparisons.
