23/70 as a percentage is 32.86%. This number tells you how much of a whole the fraction represents when you look at it on a scale of 100.
The fraction 23/70 can be thought of as 23 parts out of a total of 70 equal parts. When you compare those parts to a full set of 100, you see that it comes close to one‑third of the whole, which matches the 32.86% value.
Because the percentage is rounded to two decimal places, the true value is a tiny bit higher or lower depending on the exact division. In everyday use, 32.86% is precise enough for most reports, charts, or simple calculations.