The fraction 49/71 is equal to 69.01% when converted to a percentage and rounded to two decimal places. This means that if you were to divide 49 by 71, you'd get a decimal value that's pretty close to 0.6901. It's a bit more than two-thirds, but not quite 70%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 49 out of 71 people in a survey preferred a certain product, you could say that 69.01% of respondents liked it. Or if you completed 49 out of 71 tasks on your to-do list, you'd have finished about 69.01% of your work. It's a useful number to know for quick mental math and estimations.