The fraction 49/74 is equal to 66.22% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 74 parts and take 49 of those parts, you'd have about 66.22% of the whole. It's a bit more than two-thirds, which might be easier to picture.
In everyday life, you might come across this kind of fraction when dealing with statistics or probabilities. For example, if 49 out of 74 people in a survey preferred a certain product, you could say that 66.22% of the group liked it. This percentage gives a clearer picture of the proportion than the fraction alone, especially when comparing different survey results or data sets.