The fraction 74/98 is equal to 75.51% when converted to a percentage and rounded to two decimal places. This means that if you had 98 items and took 74 of them, you'd have about three-quarters of the total. It's a bit more than 75%, but not quite 76%.
In everyday situations, you might see this fraction used to describe things like test scores, sales figures, or progress on a project. For example, if a student got 74 questions right out of 98 on a test, their score would be 75.51%. Or if a company completed 74 out of 98 planned tasks for the month, they'd be at 75.51% of their goal.