The fraction 48/83 is equal to 57.83% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 83 equal parts and take 48 of those parts, you'd have about 57.83% of the whole. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 48 out of 83 students in a class passed a test, you could say that 57.83% of the class succeeded. Or if you're looking at sales data and 48 out of 83 customers made a purchase, you'd know that 57.83% of potential buyers actually bought something. This percentage gives you a quick way to understand the proportion or ratio in relation to a whole.
