1/23 = ≈4.35%
Rounded to 2 decimal places.
A value like 1/23, or about 4.35%, can show up when a small group makes up part of a larger community. For example, it could represent about 1 person in a group of 23, such as a club member chosen for a special role or a customer receiving a certain result.
To picture 1/23 quickly, imagine dividing a whole into 23 equal pieces and taking just one of them. Since 1/20 is 5%, 1/23 is a little smaller, so estimating it as roughly 4% to 4.5% is usually reasonable.
A common mistake is treating 1/23 as if it were close to 1/2 or 23%, simply because both numbers appear in the fraction. The denominator tells you the whole is split into 23 parts, so one part is quite small.