23/100 as a percentage is 23.00%. This simple fraction means that out of every 100 parts, 23 are taken. It’s a clean way to see a small portion of a whole.
When you think of 23/100, picture a pie cut into 100 equal slices; you would have 23 slices. That same idea works for money, measurements, or any situation where you need a clear part‑to‑whole relationship.
Both the fraction 23/100 and the percentage 23.00% tell you the same thing: just under a quarter of something. Using either form depends on which one is easier for the audience to understand.