40/43 as a percentage is 93.02%. This fraction is pretty close to a whole number, so when you turn it into a percent it lands just under 94. It’s a handy figure to remember when you need a quick estimate.
The fraction 40/43 means you have 40 parts out of a total of 43. In everyday terms, that’s like having 40 pieces of a puzzle that has 43 pieces overall. Because the number of parts you have is so high compared to the total, the percentage is also high.
When you see 93.02% on a report or a chart, you can think of it as the same as 40/43. It tells you that something is almost complete, but there’s a tiny bit left out.
Using the percent version can make comparisons easier. For example, if another value is 90%, you instantly know that 40/43 (or 93.02%) is a little larger without doing more math.