The fraction 48/71 is equal to 67.61% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 71 parts and take 48 of those parts, you'd have about 67.61% 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 in various contexts. For example, if 48 out of 71 students in a class passed a test, you could say that 67.61% of the class succeeded. Or if you completed 48 out of 71 tasks on your to-do list, you'd have finished about 67.61% of your work. This percentage gives a quick and easy way to understand the proportion represented by the fraction 48/71.