The fraction 17/98 is equal to 17.35% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 17/98 represents. It's a relatively small percentage, being less than one-fifth or 20% of the total.
To put this in perspective, if you had a large pizza cut into 98 slices and took 17 of those slices, you'd have about 17.35% of the entire pizza. This fraction and percentage could be useful in various real-world situations, such as calculating discounts, expressing test scores, or measuring progress towards a goal.