72.92% is what you get when you turn the fraction 70/96 into a percentage.
The fraction 70/96 can be simplified to 35/48, but the size stays the same. It represents a little more than three‑quarters of a whole, which is why its percentage is close to 75% but a bit lower.
Knowing that 70/96 equals 72.92% helps when you need to compare parts of a whole in everyday situations, like grading, budgeting, or measuring ingredients. It’s a quick way to see that the value is just under three‑quarters of the total.