The fraction 46/98 is equal to 46.94% when converted to a percentage and rounded to two decimal places. This means that if you had 98 items and selected 46 of them, you'd be choosing just under half of the total. It's a bit less than 50%, which would be exactly half.
In everyday situations, you might see this percentage used to describe things like test scores, survey results, or statistics. For example, if 46 out of 98 people in a group preferred a certain product, you could say that 46.94% of the group liked it. This fraction and its percentage equivalent are useful for comparing parts to wholes and understanding proportions in various contexts.