15/98 as a percentage is 15.31%. This tells you that the fraction is a little more than one‑tenth of a whole. When you see the number 15.31% you know it comes from the same value as 15 divided by 98.
The fraction 15/98 can show up in everyday situations, like a small part of a class, a slice of a pizza, or a tiny portion of a budget. Seeing it as a percent makes it easier to compare with other numbers that are already in percent form.
The percentage is rounded to two decimal places, so you get 15.31% instead of a longer, more confusing string of digits. This rounding keeps the number simple and still accurate enough for most practical uses.