The fraction 23/45 is equal to 51.11% when converted to a percentage and rounded to two decimal places. This means that if you were to divide something into 45 equal parts and take 23 of those parts, you'd have about 51% of the whole. It's a bit more than half, but not quite as much as 52%.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 23 out of 45 students in a class passed a test, you could say that 51.11% of the class succeeded. Or if you completed 23 out of 45 tasks on your to-do list, you'd be about 51% done with your work. Understanding these equivalents can help you quickly grasp proportions and make comparisons in daily life.