23/50 as a percentage is 46.00%. This number tells you that the fraction is just under half of a whole.
Since 1/2 equals 50%, the value 46.00% shows that 23/50 is a little smaller than a half. In everyday terms, if you had 50 pieces of something and you took 23 of them, you would have taken 46% of the total.
You can use this percentage when comparing parts of a group, such as scoring 23 out of 50 on a test or measuring 23 centimeters out of a 50‑centimeter ruler. It’s a quick way to see how large the portion is relative to the whole.