The fraction 45/98 is equal to 45.92% when converted to a percentage and rounded to two decimal places. This percentage represents the portion of 45 parts out of a total of 98 parts. It's a bit less than half, which would be 50%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, survey results, or even cooking measurements. For example, if 45 out of 98 people in a group preferred a certain option, you could say that 45.92% of the group favored that choice. This way of expressing the fraction as a percentage can make it easier to understand and compare with other values.