The fraction 17/98 is equal to 17.35% when converted to a percentage and rounded to 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 pizza cut into 98 slices and took 17 of them, you'd have about 17.35% of the pizza. Similarly, if you had $98 and spent $17, you would have used up roughly 17.35% of your money. This fraction and percentage can be useful in various real-world situations, from calculating discounts to understanding proportions in recipes or scientific data.