The fraction 20/21 is equal to 95.24% when converted to a percentage and rounded to two decimal places. This means that 20/21 represents a value very close to, but slightly less than, a whole unit. It's almost the entire amount, with just a tiny bit missing.
In practical terms, 20/21 or 95.24% could be used to describe situations where something is nearly complete or almost entirely present. For example, if 20 out of 21 students in a class turned in their homework, you could say that 95.24% of the class completed the assignment. This fraction and percentage show that while it's not quite perfect, it's very close to being the full amount.