The fraction 38/98 is equal to 38.78% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 38/98 represents. It's a bit more than one-third but less than one-half of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 38 out of 98 students in a school passed a test, you could say that 38.78% of the students were successful. Similarly, if a store sold 38 items out of their 98-item inventory, they would have sold 38.78% of their stock. This percentage gives a clear and relatable way to understand the proportion in question.