Formula:

* Celsius = (Fahrenheit - 32) * 5/9

Calculation:

1. Subtract 32 from Fahrenheit: 101.48 - 32 = 69.48

2. Multiply by 5/9: 69.48 * 5/9 = 38.6

Answer: 101.48 degrees Fahrenheit is equal to 38.6 degrees Celsius.