7/98 = ≈7.14%
Rounded to 2 decimal places.
A value like 7.14% might show up in a survey, such as 7 of 98 people choosing the same answer. It can also describe a small share of a budget, a group, or a set of items.
To picture it quickly, think of about 7 people out of every 100. It is a little more than 7%, but still less than 1 in 10.
A common point of confusion is treating 7/98 as if it were 7.98%. The 7 and 98 are the number of parts and the total, not digits to place side by side.