1/98 as a percentage is 1.02%. This tiny fraction shows just how small a part of a whole it represents when you look at it in everyday terms.
The fraction 1/98 means one piece out of ninety‑eight equal parts. Because the denominator is relatively large, each piece is only a little slice of the whole. You might see numbers like this in statistics, such as a rare event that happens once in 98 attempts.
When we talk about percentages, rounding to two decimal places makes the number easy to read and compare. 1.02% can be useful for quick estimates, like figuring out a small discount or a minor probability in a simple calculation.