38/84 as a percentage is 45.24%. This value is already rounded to the nearest two decimal places, so you can use it directly in any calculation that needs a percent form.
When you see the fraction 38/84, it’s the same as saying 38 parts out of a total of 84 parts. In everyday language, that tells you a little less than half of the whole, which matches the 45.24% figure.
If you need to compare this to other numbers, just treat the percentage like any other. For example, it’s bigger than 40% but smaller than 50%, giving a clear sense of where it stands in a typical scale.