The fraction 23/72 is equal to 31.94% when converted to a percentage and rounded to two decimal places. This means that if you had 72 items and selected 23 of them, you'd have chosen about 32% of the total. It's a bit less than one-third, which would be 33.33%.
In everyday life, you might come across this fraction in various situations. For example, if 23 out of 72 students in a school passed a certain test, you could say that 31.94% of the students were successful. Or if a recipe calls for 23/72 cup of an ingredient, you'd be using just under a third of a cup. Understanding these equivalences can be helpful in quickly estimating quantities or proportions in practical scenarios.
