The fraction 50/67 is equal to 74.63% when converted to a percentage and rounded to two decimal places. This means that if you had 67 equal parts of something and took 50 of those parts, you'd have about three-quarters of the whole. It's a bit more than 74% but not quite 75%.
In everyday situations, you might see this fraction come up when dealing with things like test scores, survey results, or even cooking measurements. For example, if 50 out of 67 people in a group liked a new flavor of ice cream, you could say that 74.63% of the group enjoyed it. This percentage gives a clearer picture of the proportion than the fraction alone, especially when comparing it to other results or percentages.