Let’s look at the fraction 74/77. When you change it to a percent you get 96.10%. This value is very close to 100%, showing that the fraction is almost a whole.
The fraction 74/77 can be thought of as 74 parts out of a total of 77 equal parts. Because the numerator is only three less than the denominator, the result is high, which is reflected in the percentage.
In everyday terms, a result of 96.10% means that for every 100 units you would expect about 96 of them to be counted. It’s a handy way to see how large the fraction is without dealing with the numbers 74 and 77 directly.