The fraction 49/72 is equal to 68.06% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 72 equal parts of something and took 49 of those parts, you'd have about 68% of the total.
To put this in perspective, 68.06% is a bit more than two-thirds of a whole. It's closer to 70% than 65%, so it's a fairly substantial portion. In everyday situations, you might encounter this percentage in things like test scores, sales discounts, or even in cooking measurements. For example, if a recipe called for 49/72 of a cup of flour, you'd be using just over two-thirds of a cup.