The fraction 48/58 is equal to 82.76% when converted to a percentage and rounded to two decimal places. This means that if you had 58 items and took 48 of them, you'd have about 83% of the total. It's a pretty high percentage, showing that 48 is close to 58 in value.
When we see 82.76%, it tells us that we're dealing with most of something, but not quite all of it. In real-world terms, this could be like getting 83 out of 100 questions right on a test, or having 83 sunny days out of 100 days. It's a useful way to understand how big a part of something is compared to the whole.