The fraction 23/49 can be expressed as a percentage: 46.94%. This percentage is rounded to the nearest two decimal places. When we think about 23/49, it's a bit less than half, which makes sense given that the percentage is just under 47%.
In everyday situations, we might encounter this fraction or percentage in various contexts. For example, if 23 out of 49 students in a class passed a test, we could say that 46.94% of the class succeeded. This way of expressing the fraction can be more intuitive for some people, especially when comparing different ratios or amounts.