The fraction 97/99 is equal to 97.98% when converted to a percentage and rounded to the nearest two decimal places. This percentage represents how close the fraction is to being a whole number, with 100% being equivalent to 1 or a complete whole. In this case, 97/99 is very close to 1, missing only a small fraction to reach the full amount.
To put this into perspective, if you had a pie cut into 99 slices and took 97 of them, you'd have 97/99 of the pie. This would leave only 2 slices remaining, which is a very small portion of the original pie. The percentage 97.98% helps visualize just how much of the whole you have, making it easier to understand the fraction's value in everyday terms.