The fraction 50/51 is equal to 98.04% when converted to a percentage and rounded to two decimal places. This means that 50/51 represents a value very close to, but slightly less than, 100%. It's a high percentage that indicates nearly all of something, with just a tiny bit missing.
To put this in perspective, if you had a pizza cut into 51 slices and ate 50 of them, you'd have consumed 98.04% of the pizza. Or if you answered 50 questions correctly out of 51 on a test, you'd score 98.04%. This fraction and percentage are often used in situations where something is almost complete or nearly perfect, but not quite at 100%.