The fraction 48/92 is equal to 52.17% when converted to a percentage and rounded to two decimal places. This means that 48 out of 92 parts represent just over half of the total. It's a bit more than 50%, but not by much.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 48 out of 92 students in a school passed a test, you could say that 52.17% of the students were successful. Or if 48 out of 92 days in a period were sunny, you could describe it as having good weather 52.17% of the time. This fraction and its percentage equivalent are useful for expressing parts of a whole in different formats.