76/78 as a percentage is 97.44%. This means the fraction is almost a whole, just a tiny bit less than 100%.
The fraction 76/78 can be reduced to 38/39, which shows how close it is to 1. When you think of it in everyday terms, it’s like having 97 out of every 100 parts.
Because the percentage is rounded to two decimal places, you get a neat figure that’s easy to read and compare. It’s useful for quick estimates, such as measuring efficiency or success rates that are very high.