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 38 parts out of a total of 98 parts. It's a way to express the fraction as a part of 100, making it easier to understand and compare with other percentages.
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 certain test, you could say that 38.78% of the students were successful. This percentage gives a quick and clear picture of how many students passed compared to the total number who took the test.