47/80 as a percentage is 58.75%. This number tells you that the fraction is a little more than half of a whole. It’s a quick way to see the size of the fraction in everyday terms.
The fraction 47/80 can also be thought of as 47 parts out of 80 equal parts. If you picture a pizza cut into 80 slices, eating 47 of those slices would give you about 58.75% of the pizza.
Knowing the percentage makes it easier to compare with other values. For example, 58.75% is higher than 50% but lower than 60%, so you can place it right in the middle of those common benchmarks.