23/94 = ≈24.47%
Rounded to 2 decimal places.
A value like 24.47% might show up in a survey, such as the share of people who chose one answer, or in a store report showing what portion of items sold were a certain brand. The fraction 23/94 describes a little less than one-quarter of the whole.
To picture it quickly, imagine splitting a group into four nearly equal parts and taking just under one part. That makes it easy to estimate the value as about 25%, or roughly one out of every four.
One common point of confusion is treating 24.47% as an exact value when it is only an approximation of 23/94. The fraction is exact, while the percentage is rounded.