23/74 as a percentage is 31.08%. This number tells you how much of a whole the fraction represents when you think in terms of hundredths. It’s a handy way to compare the fraction with other values that are already expressed as percentages.
The fraction 23/74 itself is a simple ratio that can show up in everyday situations, like part of a class of 74 students where 23 have a certain characteristic. Converting it to a percentage makes it easier to understand at a glance, especially when sharing the information with people who are used to seeing data in percent form.
When you see 31.08% on a chart or report, you now know it came from the fraction 23/74. This helps you quickly gauge the size of the portion without having to work through the fraction each time.