The fraction 48/59 is equal to 81.36% when converted to a percentage and rounded to two decimal places. This means that if you had 59 equal parts of something and took 48 of those parts, you'd have about 81% of the whole. It's a bit more than three-quarters but not quite as much as four-fifths.
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 48 out of 59 people in a group liked a new product, you could say that 81.36% of the group approved of it. This percentage gives a clearer picture of the proportion than the fraction alone, making it easier for most people to understand at a glance.