The problem asks us to express $46\%$ as a decimal and as a fraction in simplest form. The decimal representation of $46\%$ is already given as $0.46$. We need to find the simplest form of the fraction representation.

1. Problem Description

The problem asks us to express $46\%$ as a decimal and as a fraction in simplest form. The decimal representation of $46\%$ is already given as $0.46$. We need to find the simplest form of the fraction representation.

2. Solution Steps

First, convert the percentage to a fraction. Since percent means "out of one hundred," we can write $46\%$ as $\frac{46}{100}$.

Now, we need to simplify the fraction $\frac{46}{100}$. Both the numerator and the denominator are divisible by

2. Divide both numerator and denominator by 2:

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

Since 23 is a prime number, the fraction $\frac{23}{50}$ is in its simplest form.

3. Final Answer

$\frac{23}{50}$