23/40 as a percentage is 57.50%. This value is the rounded result to two decimal places, making it easy to read and use in everyday calculations.
The fraction 23/40 can be thought of as 23 parts out of a total of 40 equal parts. When you compare it to a whole, it shows that a little more than half of the whole is taken up by the 23 parts.
Using the rounded percentage 57.50% helps when you need a quick estimate, such as in budgeting, grading, or simple data analysis. It gives a clear picture without dealing with long decimal strings.