48/74 as a percentage is 64.86%. This value tells you how much of a whole the fraction represents when the whole is taken as 100 %.
The fraction 48/74 can be simplified to 24/37, but the decimal and percentage forms stay the same. Seeing it as 64.86% makes it easy to compare with other percentages, like grades or interest rates.
In everyday use, you might round the percentage to 65 % for quick estimates, but the more precise 64.86% is useful when exact numbers matter, such as in calculations or reports.