The fraction 47/84 is equal to 55.95% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 84 equal parts and take 47 of those parts, you'd have about 56% of the whole. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 47 out of 84 students in a school passed a test, you could say that 55.95% of the students were successful. Or if you completed 47 pages of an 84-page book, you'd be about 56% of the way through your reading. Understanding these equivalences can be helpful in quickly grasping proportions and making comparisons in daily life.