The fraction 8/17 is equal to 47.06% when converted to a percentage and rounded to two decimal places. This means that if you had 17 equal parts of something and took 8 of those parts, you'd have about 47% of the whole. It's a bit less than half, but pretty close.
In everyday situations, you might encounter 8/17 or 47.06% in various contexts. For example, if 8 out of 17 people in a group prefer a certain option, that's the same as saying about 47% of the group likes that choice. Or if you're looking at a progress bar that's 47% full, you could think of it as being 8/17ths of the way complete.