The fraction 49/80 is equal to 61.25% when converted to a percentage. This percentage is rounded to the nearest two decimal places. The fraction represents a little more than half of a whole, which makes sense given that the percentage is greater than 50%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, sales discounts, or statistics. For example, if a student answered 49 out of 80 questions correctly on a test, they would have scored 61.25%. Similarly, if a store offered a 61.25% discount on an item, it would be equivalent to reducing the price by 49/80ths of its original value.