The fraction 88/98 is equal to 89.80% 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 (88). It's a fairly high percentage, showing that 88 is close to 98 in value.
To put this in perspective, if you had a pizza cut into 98 slices and ate 88 of them, you'd have consumed about 89.80% of the entire pizza. This fraction and its percentage equivalent can be useful in various real-world situations, such as calculating grades, measuring progress, or determining the completion of a task or project.