The fraction 56/98 is equal to 57.14% when converted to a percentage and rounded to two decimal places. This means that if you had 98 items and took 56 of them, you'd have about 57% of the total. It's a bit more than half, but not quite as much as three-fifths.
In everyday situations, you might see this kind of fraction used to describe things like test scores, survey results, or even sports statistics. For example, if a basketball player made 56 out of 98 free throw attempts in a season, their free throw percentage would be 57.14%. This percentage gives a quick and easy way to understand the fraction's value without having to picture the original numbers.