720/768 = 93.75%
A value like 720/768, or 93.75%, can show up when most of a group is complete or successful. For example, it could represent 720 filled seats out of 768, 720 working devices in a batch, or a student answering 720 questions correctly out of 768.
You can picture it as a little less than 94 out of every 100, with only about 6 out of 100 missing. On a progress bar, it would look almost full, leaving a small gap of about one-sixteenth of the whole.
A common mistake is to treat 93.75% as exactly 94% or as a perfect score. Rounding it to 94% may be fine for a quick estimate, but the small difference can matter when the total is large or when accuracy is important.