The fraction 37/98 is equal to 37.76% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of a whole that 37/98 represents. It's a bit more than one-third but less than one-half of the total.
To put this in perspective, if you had a pizza cut into 98 slices and took 37 of them, you'd have about 37.76% of the pizza. This fraction and percentage could be useful in various real-world situations, such as calculating discounts, measuring progress towards a goal, or determining the composition of a mixture.