The fraction 73/98 is equal to 74.49% when converted to a percentage and rounded to two decimal places. This percentage represents how much of the whole (98) is taken up by the part (73). It's a way to express the fraction as parts per hundred, making it easier to understand and compare to other values.
In practical terms, if you had 98 items and took away 73 of them, you'd be left with about 25.51% of the original amount. This fraction and its percentage equivalent can be useful in various real-world situations, such as calculating discounts, comparing ratios, or analyzing data. Whether you're dealing with statistics, finance, or everyday math problems, knowing how to work with fractions and percentages is a valuable skill.