69/93 as a percentage is 74.19%. This value tells you how much of a whole the fraction represents when expressed in hundredths.
The fraction 69/93 can be simplified to 23/31, but the percentage stays the same. Seeing it as a percent makes it easier to compare with other numbers that are already in percent form.
In everyday use, you might round 74.19% to 74% for quick estimates, but the precise two‑decimal result is handy for calculations that need more accuracy.