The fraction 74/99 is equal to 74.75% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 99 equal parts of something and took 74 of those parts, you'd have about 74.75% of the total.
To put this into perspective, 74.75% is pretty close to three-quarters, which is 75%. So if you're dealing with 74/99 in real life, you can think of it as just a tiny bit less than three-quarters of the whole. This fraction and its percentage equivalent might come up in various situations, like calculating grades, measuring ingredients, or figuring out probabilities in games or statistics.