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% is almost the entire amount of something. For example, if you completed 70 out of 71 tasks on a to-do list, you'd be 98.59% done with your work. This fraction and percentage show that only a tiny bit is missing from the full amount. It's a way to express how close something is to being complete or whole.