The fraction 77/98 is equal to 78.57% when converted to a percentage and rounded to two decimal places. This means that if you had 98 items and took 77 of them, you'd have about 78.57% of the total. It's a pretty high percentage, showing that 77 is close to 98 in value.
To put it in perspective, 78.57% is more than three-quarters of the whole, but not quite four-fifths. In everyday situations, you might see this kind of percentage used to describe things like test scores, success rates, or portions of a group. For example, if 77 out of 98 students passed a test, you could say that 78.57% of the class was successful.