The fraction 50/84 is equal to 59.52% when converted to a percentage and rounded to two decimal places. This means that 50 out of 84 parts represents about 60% of the whole. It's a bit more than half, but not quite as much as two-thirds.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 50 out of 84 students in a school passed a test, you could say that 59.52% of the students were successful. Or if a sports team won 50 games out of 84 played in a season, their winning percentage would be 59.52%. This percentage can be useful for comparing different ratios or understanding how a part relates to the whole.