The fraction 24/98 is equal to 24.49% when converted to a percentage and rounded to two decimal places. This means that if you had 98 items and took 24 of them, you'd have about a quarter of the total. It's a bit less than one-fourth, which would be 25%.
In everyday situations, you might see this percentage used to describe things like test scores, sales discounts, or statistics. For example, if a store was having a sale and marked down prices by 24.49%, you'd save almost a quarter of the original price on your purchases. While it's not a common fraction you'd use in daily life, understanding how it relates to percentages can be helpful in various contexts.