The fraction 23/64 is equal to 35.94% when converted to a percentage and rounded to two decimal places. This means that if you had 64 equal parts of something and took 23 of those parts, you'd have about 36% of the whole. It's a bit more than one-third but less than half of the total.
In everyday life, you might come across this fraction or percentage in various situations. For example, if a survey showed that 23 out of 64 people preferred a certain product, you could say that 35.94% of the group liked it. Or if you completed 23 questions out of a 64-question test, you'd have finished about 36% of the exam. Understanding these equivalents can help you quickly grasp proportions and make comparisons in different contexts.