What is 115% written as a fraction?

115% written as a fraction is 115/100. However, when simplifying this fraction, we get 23/20. Option A, 1 3/20, is not simplified as the whole number is greater than the numerator. Option C, 23/100, is simplfied but the denominator is incorrect. Option D, 1 2/3, is not simplified and does not reflect the original percentage. Therefore, option B, 23/20, is the only correct and simplified fraction equivalent to 115%.