The fraction 47/95 is equal to 49.47% when converted to a percentage and rounded to two decimal places. This means that if you had a pie chart divided into 95 equal slices and colored 47 of them, those colored slices would represent about 49.47% of the whole pie. It's a bit less than half, but pretty close to it.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 47 out of 95 people in a group preferred a certain flavor of ice cream, you could say that 49.47% of the group liked that flavor. It's a handy way to express parts of a whole in a format that's easy for most people to understand quickly.