71/77 as a percentage is 92.21%. This value comes from turning the fraction into a more familiar form that people can quickly understand.
The fraction 71/77 is already close to a whole number, which is why the percentage is high. When you compare it to 100%, it shows that the fraction is just a little under a full unit.
In everyday use, you can think of 92.21% as a way to say that something is almost completely complete or almost fully covered. It's a handy way to express the fraction without needing a calculator.