97/98 as a percentage is 98.98%. This fraction is just a little bit less than a whole, so its percentage is just under 100%. It shows how close 97 is to 98 when you compare them directly.
The fraction 97/98 can be thought of as “97 parts out of 98 equal parts.” When you look at it in everyday terms, it means you have almost every piece of something, missing only one tiny part. That’s why the percentage is so high—almost the entire amount.
Because the percentage is so close to 100%, the fraction is useful when you need to show a very small shortfall. In fields like finance or grading, a result of 98.98% tells you that the performance was excellent, with only a minuscule difference from perfect.