The fraction 5/23 is equal to 21.74% when converted to a percentage and rounded to two decimal places. This means that if you had 23 equal parts of something and took 5 of those parts, you'd have about 21.74% of the whole. It's a bit less than a quarter, which would be 25%.
In everyday life, you might come across this fraction or percentage in various situations. For example, if 5 out of 23 students in a class wore glasses, you could say that 21.74% of the class wears glasses. Or if you completed 5 out of 23 tasks on your to-do list, you'd have finished about 21.74% of your work. While it's not a common fraction like 1/2 or 1/4, understanding 5/23 and its percentage equivalent can be useful in certain contexts.
