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 everyday situations, you might encounter this fraction or percentage in various contexts. For example, if 73 out of 98 students passed a test, you could say that 74.49% of the class succeeded. Similarly, if a store sold 73 items out of their 98-item inventory, they would have sold 74.49% of their stock. This percentage gives a quick and clear picture of the proportion or ratio being described.
