48/99 as a percentage is 48.48%. This value comes from converting the fraction into a decimal and then expressing it as a percent, rounded to two decimal places. It’s a handy number to remember when you need a quick estimate.
The fraction 48/99 can be thought of as a little less than half of a whole, since 50/100 would be exactly 50%. It’s close to 1/2 but not quite there, which is why the percentage sits just under 50%.
When you see 48.48% in a chart or a report, you know it represents the same proportion as 48 out of 99 parts. This makes it easy to compare with other percentages or to understand how large a part of a total it is.