The fraction 23/49 is equal to 46.94% when converted to a percentage and rounded to two decimal places. This means that 23 out of 49 parts represent just under 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 49 students in a class passed a test, you could say that 46.94% of the class succeeded. Or if you completed 23 out of 49 tasks on your to-do list, you'd have finished 46.94% of your work. This percentage is useful for understanding how much of something is represented by the fraction 23/49.