The fraction 9/98 is equal to 9.18% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just under one-tenth of the whole. It's a fairly uncommon fraction to encounter in everyday life, but it can be useful in certain calculations or statistical analyses.
When dealing with percentages like 9.18%, it's important to remember that they represent parts per hundred. In this case, it means about 9 parts out of every 100. While not a large percentage, it can still be significant depending on the context. For example, in financial terms, a 9.18% return on investment would be considered quite good in many situations.
