When we look at the fraction 47/94, its percentage value is 50.00%. This shows that the fraction is exactly half when rounded to two decimal places.
The fraction 47/94 can also be simplified to 1/2, because both the numerator and denominator are divisible by 47. Seeing it as 1/2 makes it clear why the percentage is 50%, since half of any whole is always 50%.
In everyday terms, a 50% result means you have an equal share of the whole. So whether you write it as 47/94, 1/2, or 50.00%, the meaning stays the same.