The fraction 23/100 is equal to 23.00% when expressed as a percentage. This means that out of every 100 parts, 23 parts are being considered. It's a way to represent a portion or share of something in relation to the whole.
In everyday life, you might come across this percentage in various situations. For example, if a store offers a 23% discount on an item, it's the same as saying they're taking 23/100 off the original price. Or if a weather forecast predicts a 23% chance of rain, it suggests there's a moderate possibility of precipitation. Understanding percentages like this can help in making decisions and interpreting information in many areas, from finance to statistics.
