The fraction 81/98 is equal to 82.65% 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 (81). It's a way to express the fraction as parts per hundred, making it easier to understand and compare to other values.
In practical terms, if you had 98 items and took away 81 of them, you'd be left with about 17% of the original amount. This fraction and its percentage equivalent could be useful in various real-world situations, such as calculating discounts, measuring progress towards a goal, or analyzing data in fields like statistics or finance.