2/98 = ≈2.04%
Rounded to 2 decimal places.
The fraction 2/98 represents a very small share: about 2.04%. In everyday life, a value like this might describe 2 people out of a group of 98, such as two students absent from a class or two items with a certain feature in a large shipment.
To picture it quickly, imagine 100 small squares with only about 2 shaded. That makes it easy to estimate as roughly 2 out of every 100, or about one person in 50.
A common mistake is to think 2/98 is close to 2%, because the numerator is 2, without noticing that the denominator is just under 100. It is slightly more than 2%, though the difference is small in most everyday situations.