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 had 84 items and took 47 of them, you'd have about 56% of the total. 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 when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe calls for 47/84 of a cup of flour, you could think of it as using about 56% of a full cup. Understanding these equivalents can be helpful in various real-world scenarios where fractions and percentages are used interchangeably.