8/38 as a percentage is 21.05%. This simple figure tells you how much of a whole the fraction represents when you look at it on a scale of 100.
The fraction 8/38 can also be reduced to 4/19, which shows the same proportion in a smaller form. Whether you write it as a fraction or a percentage, the value stays the same, just expressed differently.
Understanding both forms is useful: the fraction is handy for exact calculations, while the percentage makes it easier to compare with other numbers you might see in everyday situations like sales discounts or test scores.