The fraction 8/48 is equal to 16.67% when converted to a percentage. This percentage is rounded to the nearest two decimal places for simplicity. It's a relatively small percentage, representing less than one-fifth of a whole.
To put this in perspective, if you had a pizza cut into 48 slices and took 8 of them, you'd have about 16.67% of the entire pizza. This fraction and percentage can be useful in various real-world situations, such as calculating discounts, analyzing data, or measuring progress towards a goal.