What is 23/97 as a percentage? 23.71%. This is the rounded value you get when you change the fraction into a percent with two decimal places.
The fraction 23/97 shows a part of a whole that isn’t easy to see at a glance. It’s a bit less than one quarter, because 25% would be 24.25/97. Using the percentage makes it clearer how big the part is.
When we write the percentage as 23.71%, we keep it simple and precise for most everyday uses. Rounding to two decimals helps avoid long numbers while still giving a reliable picture of the size of the fraction.