96/98 = ≈97.96%
Rounded to 2 decimal places.
A value of 97.96% could describe how many students finished an assignment, how often a machine worked properly, or the share of items that passed a quality check. For example, if nearly all 98 items in a batch meet the standard, the result is close to this fraction.
To picture it quickly, think of a bar that is almost completely full, with only a tiny sliver missing. It is just a little above 97%, so rounding it to about 98% gives a useful quick estimate.
One common mix-up is to treat 97.96% as exactly 98%, even when a small difference matters. It also does not mean that 97.96 items passed; the percentage describes a share, while the actual number depends on the total.
