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 see this kind of fraction used in statistics or probability. For example, if 23 out of 37 people in a survey preferred chocolate ice cream, you could say that 62.16% of the group likes chocolate best. This percentage gives a quick, easy-to-understand way to express the proportion, making it simpler to compare with other data or make decisions based on the information.
