The fraction 38/99 is equal to 38.38% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents the portion of a whole that 38/99 represents. It's a bit more than one-third but less than two-fifths of the total.
In everyday situations, you might come across this fraction or percentage in various contexts. For example, if 38 out of 99 people in a survey preferred a certain product, you could say that 38.38% of respondents favored that item. Similarly, if a student answered 38 questions correctly out of 99 on a test, their score would be approximately 38.38%. This percentage gives a clear and relatable way to understand the fraction's value in practical terms.