The fraction 23/31 is equal to 74.19% when converted to a percentage and rounded to two decimal places. This means that if you had 31 equal parts of something and took 23 of those parts, you'd have about 74% of the whole. It's a bit more than three-quarters but not quite three-fourths.
In everyday life, you might see this fraction used in various situations. For example, if 23 out of 31 students in a class passed a test, you could say that 74.19% of the class succeeded. Or if a basketball player made 23 out of 31 free throw attempts, their free throw percentage would be 74.19%. This percentage is pretty good in many contexts, showing a clear majority or a strong performance.
