23/48 as a percentage is 47.92%. This number tells you that the fraction is just under half of a whole.
The fraction 23/48 can be thought of as 23 parts out of 48 equal parts. When you picture a pizza cut into 48 slices, taking 23 slices gives you a little less than half of the pizza.
Rounding to two decimal places makes the percentage easy to read and compare with other values. It’s a handy way to see how the fraction fits into everyday contexts like grades, discounts, or statistics.