The fraction 23/74 is equal to 31.08% when converted to a percentage and rounded to two decimal places. This means that if you had 74 items and selected 23 of them, you'd be choosing about 31% 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 74 students in a school passed a certain test, you could say that 31.08% of the students were successful. Or if a sale offers 23/74 off the original price, you'd be getting a discount of about 31%. Understanding these equivalences can be helpful in making quick estimates or comparisons in daily life.
