The fraction 48/82 is equal to 58.54% when converted to a percentage and rounded to two decimal places. This means that if you had 82 items and took 48 of them, you'd have about 58.54% of the total. It's a bit more than half, but not quite 60%.
In everyday situations, you might see this kind of fraction used to describe things like test scores, survey results, or even sports statistics. For example, if a basketball player made 48 out of 82 free throw attempts in a season, their free throw percentage would be 58.54%. While it's not a perfect score, it shows that the player is making more than half of their attempts.