The fraction 23/100 is equal to 23.00% when expressed as a percentage. This means that if you have 23 parts out of a total of 100, you're dealing with 23 percent of the whole. It's a straightforward way to represent a portion or share of something.
In everyday life, you might encounter this percentage in various situations. For example, if 23 out of 100 students in a class got an A on a test, you could say that 23.00% of the class aced the exam. Similarly, if a store offers a 23% discount on an item, they're essentially reducing the price by 23/100 of the original cost. This fraction and its equivalent percentage are useful for understanding proportions and making quick comparisons.
