The fraction 49/99 is equal to 49.49% when converted to a percentage and rounded to two decimal places. This percentage represents just under half of a whole, falling slightly short of 50%. It's a unique fraction that, at first glance, might not seem like it would result in such a neat percentage.
When we think about 49/99, we can imagine it as 49 parts out of a total of 99 parts. This is close to, but not quite, 50 out of 100. That's why the percentage ends up being so close to 50%. In everyday situations, you might encounter this fraction or percentage when dealing with things like test scores, sales discounts, or even in certain probability calculations.