The fraction 23/73 is equal to 31.51% when converted to a percentage and rounded to two decimal places. This means that if you had 73 items and selected 23 of them, you'd be choosing about 31.51% 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 when dealing with things like test scores, survey results, or even cooking measurements. For example, if 23 out of 73 people in a group preferred a certain flavor of ice cream, you could say that 31.51% of the group liked that flavor. While it's not a common fraction you'd use daily, understanding how it relates to its percentage equivalent can be helpful in various contexts.