The fraction 10/23 is equal to 43.48% when converted to a percentage and rounded to two decimal places. This means that if you had 23 equal parts of something and took 10 of those parts, you'd have about 43.48% of the whole. It's a bit less than half, but more than a third.
In everyday situations, you might come across this fraction or percentage. For example, if 10 out of 23 students in a class wore glasses, you could say that 43.48% of the class wears glasses. Or if you completed 10 out of 23 tasks on your to-do list, you'd be about 43.48% done with your list. It's a handy way to express parts of a whole in a more familiar format.