The fraction 50/74 is equal to 67.57% when converted to a percentage and rounded to two decimal places. This means that 50 out of 74 parts represent about two-thirds of the whole. It's a bit more than 67% but not quite 68%, falling right in between those two values.
In practical terms, if you had a group of 74 people and 50 of them wore blue shirts, you could say that 67.57% of the group was wearing blue. This percentage gives a clearer picture of the proportion compared to just saying "50 out of 74." It's easier for most people to quickly understand and compare percentages, especially when dealing with different total amounts.
