The fraction 23/48 is equal to 47.92% when converted to a percentage and rounded to the nearest two decimal places. This means that if you had 48 items and selected 23 of them, you'd have chosen about 48% of the total. It's a bit less than half, but pretty close.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if you answered 23 questions correctly out of 48 on a test, you'd have scored approximately 48%. Or if you ate 23 slices from a pizza cut into 48 pieces, you'd have consumed around 48% of the whole pizza. Understanding these equivalences can be helpful in quickly estimating proportions in daily life.
