The fraction 48/94 is equal to 51.06% when converted to a percentage and rounded to two decimal places. This means that if you had 94 items and selected 48 of them, you'd have chosen 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 when dealing with things like test scores, survey results, or even cooking measurements. For example, if 48 out of 94 people surveyed preferred a certain product, you could say that 51.06% of the group liked it. This information can be useful for making decisions or understanding data quickly at a glance.