The fraction 23/50 is equal to 46.00% when converted to a percentage and rounded to the nearest two decimal places. This means that 23 out of 50 parts represent just under half of the total. It's a useful fraction to know, as it's close to one-half but slightly less.
In everyday situations, you might encounter 23/50 or 46% in various contexts. For example, if 23 out of 50 students passed a test, you could say the pass rate was 46%. Or if a sale offers 46% off, you'd be paying just over half the original price. Understanding these equivalent forms can help with quick mental math and estimations in daily life.
