The fraction 49/62 is equal to 79.03% when converted to a percentage and rounded to two decimal places. This means that if you had 62 equal parts of something and took 49 of those parts, you'd have about 79% of the whole. It's a bit more than three-quarters but not quite four-fifths of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 49 out of 62 students in a class passed a test, you could say that 79.03% of the class succeeded. Or if a store sold 49 items out of a stock of 62, they would have sold about 79% of their inventory. This percentage gives a quick and easy way to understand the proportion or part of a whole that 49/62 represents.