The fraction 48/67 is equal to 71.64% when converted to a percentage and rounded to two decimal places. This means that if you had 67 equal parts of something and took 48 of those parts, you'd have about 71.64% of the whole. It's a bit more than two-thirds but not quite three-quarters of the total.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales figures, or even cooking measurements. For example, if a recipe called for 67 grams of flour and you only had 48 grams, you'd be using about 71.64% of the required amount. Understanding these relationships between fractions and percentages can be helpful in various real-world scenarios.