The problem asks to convert the percentage 46% into a fraction in simplest form.

1. Problem Description

The problem asks to convert the percentage 46% into a fraction in simplest form.

2. Solution Steps

First, convert the percentage to a fraction by dividing by 100:

$46\% = \frac{46}{100}$

Next, simplify the fraction. Both the numerator and denominator are even, so we can divide both by 2:

$\frac{46}{100} = \frac{46 \div 2}{100 \div 2} = \frac{23}{50}$

Since 23 is a prime number, and it doesn't divide 50, the fraction $\frac{23}{50}$ is in simplest form.

3. Final Answer

$\frac{23}{50}$