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 37 parts out of a total of 98 parts. It's a bit more than one-third but less than one-half of the whole.
In everyday situations, you might encounter this fraction or percentage when dealing with statistics, probabilities, or partial quantities. For example, if 37 out of 98 students in a school wear glasses, you could say that 37.76% of the student body wears glasses. This percentage gives a clearer picture of the proportion compared to the original fraction, making it easier for most people to understand and use in various contexts.