When you convert the fraction 23/46 to a percent, you get 50.00%. This tells you that the fraction represents exactly half of a whole when rounded to two decimal places.
The fraction 23/46 can be reduced to 1/2, which is a simple and familiar ratio. Because 1/2 is one of the most basic fractions, it’s easy to see why its percent form lands right at the midpoint of a scale from 0 % to 100 %.
Seeing a percentage like 50.00% is useful in everyday situations, such as measuring parts of a budget, grading tests, or comparing data sets. The rounding to two decimal places makes the number look tidy without changing its meaning.
In short, 23/46 as a percentage is 50.00%, a clean, halfway point that’s quick to understand and apply.