To work out percentage, you divide one number by the other and multiply by 100%. Since we are dealing with the percentage of 48 (not of 26), this can be worked out as:
26/48 x 100% = 54.16666...% or 54.17% to 2 d.p.
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12/25 * 100 = 48%
34% of 48= 34% * 48= 0.34 * 48= 16.32
0.48 = 48%
106% / 48% = 1.06/0.48 = 2.20833 (rounded, repeating)
12/25 = 48/100 = 48 percent