The fraction 98/100 equals 98.00% when expressed as a percentage. This shows that the value is very close to a full 100 %.
In everyday terms, 98 % means you have almost everything you need—just a tiny 2 % short of the whole. It’s a useful way to describe high success rates, near‑complete surveys, or almost‑full containers.
Because the number is rounded to two decimal places, you get a clean, precise figure that works well in reports, charts, and simple calculations. It’s a quick way to see just how large the portion is compared to the whole.