The fraction 12/23 is equal to 52.17% when converted to a percentage and rounded to two decimal places. This means that if you had 23 items and took 12 of them, you'd have about 52% of the total. It's a bit more than half, but not quite as much as 13/23 would be.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 12 out of 23 students in a class passed a test, you could say that 52.17% of the class succeeded. Or if you completed 12 out of 23 tasks on your to-do list, you'd have finished just over half of your work for the day.
