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 be choosing about 32% of the total. It's a bit less than one-third, which would be 33.33%.
In everyday situations, you might come across this fraction or percentage in various contexts. 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 sale offers 23/72 off the original price, you'd be getting a discount of nearly 32%. Understanding these equivalences can be helpful in quickly estimating proportions or discounts in real-life scenarios.
