The fraction 23/97 is equal to 23.71% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 97 equal parts of something and took 23 of those parts, you'd have about 23.71% of the total.
While 23/97 might not seem like a common fraction in everyday life, understanding its percentage equivalent can be useful in various situations. For example, it could represent a specific portion of a budget, a success rate in a series of trials, or even a player's shooting percentage in a sport. Knowing how to work with fractions and percentages helps in making quick comparisons and understanding proportions in different contexts.