18/96 = 18.75%
A value like 18.75% might describe the share of students in a club who bike to school, or the discount on an item. It means a little less than one-fifth of the whole.
To picture it quickly, think of about 19 out of every 100 items, or just under 2 out of every 10. That makes it close to 20%, but slightly smaller.
One common mix-up is treating 18.75% as the same as 18.75 rather than a portion of a whole. For example, 18.75% of a price is an amount based on that price, not a price of $18.75 by itself.