31/94 as a percentage is 32.98%. This value is rounded to the nearest two decimal places, so you can use it in everyday calculations without worrying about long decimals.
The fraction 31/94 is a little more than one‑third. When you need to compare it with other numbers, turning it into a percentage makes it easier to see how big it is at a glance.
If you ever need to report this number in a table, a chart, or a quick note, just write 32.98% and most people will understand the size of the fraction right away.