The fraction 23/97 is equal to 23.71% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 23 parts out of a total of 97 parts. It's a relatively small percentage, less than a quarter of the whole.
In practical terms, if you had 97 items and took away 23 of them, you'd be left with about 76.29% of the original amount. This fraction and its percentage equivalent might come up in various real-world situations, such as calculating grades, analyzing survey results, or determining the composition of a mixture. While not a common fraction in everyday use, understanding its percentage form can help in making quick estimations and comparisons.