48/49 as a percentage is 97.96%. This fraction is very close to a whole, which is why the percentage is so high. When you see a number like 48 out of 49, you can think of it as almost every part of a set.
Because the fraction is just one short of 49/49 (which would be 100%), the percentage reflects that tiny difference. In everyday terms, it means that for every 100 items, about 98 of them would be included.
If you need a quick reference, remember that 48/49 equals roughly 97.96%. It’s a handy figure for comparing ratios that are nearly complete.