The fraction 97/98 is equal to 98.98% when converted to a percentage and rounded to two decimal places. This means that 97/98 represents a value very close to, but slightly less than, 100%. It's a high percentage that indicates nearly all of something, with just a tiny bit missing.
To put this in perspective, if you had a pizza cut into 98 slices and ate 97 of them, you'd have consumed 98.98% of the pizza. Or if you answered 97 questions correctly out of 98 on a test, you'd score 98.98%. This fraction and percentage are often used in situations where something is almost complete or nearly perfect, but not quite at 100%.