The fraction 23/92 is equal to 25.00% when converted to a percentage and rounded to the nearest two decimal places. This means that if you had 92 items and selected 23 of them, you'd be choosing about a quarter of the total. It's a handy way to think about proportions in everyday situations.
While 25% is a more familiar figure for most people, fractions like 23/92 can be useful in specific contexts. For example, in cooking or construction, precise measurements are often needed. However, when communicating general ideas or rough estimates, percentages tend to be more user-friendly. Whether you use the fraction or the percentage, both represent the same proportion of a whole.