The fraction 74/96 is equal to 77.08% when converted to a percentage and rounded to two decimal places. This means that if you had 96 items and took 74 of them, you'd have about 77% of the total. It's a bit more than three-quarters, which would be 75%.
In everyday situations, you might see this kind of fraction used to describe things like test scores, sales figures, or progress on a project. For example, if a student got 74 questions right out of 96 on a test, their score would be 77.08%. Or if a salesperson closed 74 deals out of 96 potential clients, they'd have a success rate of about 77%.