The fraction 2/23 is equal to 8.70% when converted to a percentage and rounded to two decimal places. This small percentage represents about 1/11 of a whole, which isn't a lot in most contexts. It's less than 10%, so it's a fairly minor portion overall.
To put this in perspective, if you had a pizza cut into 23 slices and took 2 of them, you'd have about 8.70% of the pizza. Or if you scored 2 out of 23 on a test, you'd have gotten about 8.70% correct. While it's not a huge amount, it's still more than nothing and could be significant depending on the situation.
