The fraction 23/37 is equal to 62.16% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 37 parts and take 23 of those parts, you'd have about 62% of the whole. It's a bit more than half, but not quite two-thirds.
In everyday life, you might come across this fraction or percentage in various situations. For example, if 23 out of 37 students in a class passed a test, you could say that 62.16% of the class succeeded. Or if you completed 23 pages of a 37-page book, you'd be about 62% done with your reading. While it's not a common fraction like 1/2 or 3/4, understanding 23/37 and its percentage equivalent can be useful in certain calculations or real-world scenarios.