The fraction 23/48 is equal to 47.92% when converted to a percentage and rounded to two decimal places. This means that 23 out of 48 parts represent nearly half of the total. It's a bit less than 50%, which would be exactly half.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 23 out of 48 students in a class passed a test, you could say that 47.92% of the class succeeded. Or if you completed 23 out of 48 tasks on your to-do list, you'd be almost halfway done with your work. Understanding fractions and their percentage equivalents can be helpful in many real-world scenarios.
