To multiply the percentages, we first convert them to decimal form.
23% can be expressed as:
\[ 23% = \frac{23}{100} = 0.23 \]
114% can be expressed as:
\[ 114% = \frac{114}{100} = 1.14 \]
Now, we will multiply these two decimal values together:
\[ 0.23 \times 1.14 \]
Calculating this gives:
\[ 0.23 \times 1.14 = 0.2622 \]
To express \(0.2622\) as a percentage, we multiply by 100:
\[ 0.2622 \times 100 = 26.22% \]
Thus, the final answer in simplified percentage form is:
\[ \boxed{26.22%} \]