The fraction 48/88 is equal to 54.55% when converted to a percentage. This means that if you had 88 items and selected 48 of them, you'd have chosen about 54.55% of the total. It's a bit more than half, but not quite as much as 55%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 48 out of 88 students passed a test, you could say the pass rate was 54.55%. Or if a sports team won 48 games out of an 88-game season, their winning percentage would be 54.55%. It's a useful number to know for quick mental math and understanding proportions in different scenarios.