The fraction 83/99 is equal to 83.84% when converted to a percentage and rounded to 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 83 of those parts, you'd have about 83.84% of the total.
To put this in perspective, 83.84% is pretty close to 84%, which is just over four-fifths of a whole. It's a fairly large percentage, indicating that 83/99 represents a significant portion of something. This fraction and its equivalent percentage might come up in various real-world situations, like calculating grades, measuring progress towards a goal, or determining the completion level of a project.