40/98 as a percentage is 40.82%. This tells you that the fraction is just under half of a whole.
If you simplify 40/98, you get 20/49, but the value stays the same, so the percentage does not change. The reduced form can be useful when comparing with other fractions.
In everyday situations, knowing that 40/98 is about 40.82% helps you quickly estimate portions, like a test score or a recipe ingredient, without needing a calculator.