The fraction 3/23 is equal to 13.04% when converted to a percentage and rounded to two decimal places. This small percentage represents just over one-eighth of the whole, or slightly more than 13 parts out of 100. It's a relatively low percentage, falling between 10% and 15%.
In everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 3 out of 23 students in a class wear glasses, that would be about 13.04% of the class. Similarly, if a sports team wins 3 games out of a 23-game season, their winning percentage would be close to 13.04%. This percentage can be useful for comparing small parts of a whole or understanding proportions in different scenarios.