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 a whole divided into 72 equal parts and took 23 of those parts, you'd have about 31.94% of the whole. It's a bit less than one-third, which would be 33.33%.
In everyday life, you might come across this fraction or percentage 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 passed. Or if a store sold 23 items out of a stock of 72, they would have sold 31.94% of their inventory. This fraction and its percentage equivalent can be useful for understanding parts of a whole in many different contexts.
