47/94 expressed as a percentage is 50.00%. This is the rounded value you would see on a report card, a recipe, or any simple calculation that needs a percent.
The fraction 47/94 can also be seen as one half, because 47 goes into 94 exactly two times. Seeing it as a half makes it easy to understand that it represents an even split—exactly fifty percent of a whole.
When you write the percentage, you often keep two decimal places for consistency, especially in business or school work. So, even though the exact value is 50%, the standard form shown here is 50.00%.