The fraction 50/64 is equal to 78.13% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 64 equal parts of something and took 50 of those parts, you'd have 78.13% of the whole.
To put this in perspective, 78.13% is more than three-quarters but less than four-fifths of a whole. It's a fairly large portion, just shy of 80%. In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, progress bars, or even in cooking measurements.