The fraction 70/71 is equal to 98.59% when converted to a percentage and rounded to two decimal places. This means that 70/71 represents a value very close to, but slightly less than, 100%. It's a high percentage that indicates a large portion of a whole.
In practical terms, 98.59% could be used to describe situations where something is nearly complete or almost entirely present. For example, if 70 out of 71 people in a group agreed on something, you could say there was 98.59% agreement. This fraction and its percentage equivalent are useful for expressing high levels of completion, accuracy, or consensus in various contexts.