2/98 as a percentage is 2.04% (rounded to two decimal places). This small percentage shows just how tiny a part of a whole the fraction represents.
The fraction 2/98 can be simplified to 1/49, which still keeps the same value. Even though the numbers look different, they both describe the same slice of a larger set.
In everyday life you might see a figure like this when dealing with low‑rate statistics, such as a tiny market share or a small chance of an event happening. Knowing the percentage helps you quickly compare it with other numbers, even when the original fraction looks a bit unwieldy.