78/85 as a percentage is 91.76%. This fraction is a little less than a whole, which is why its percentage is close to 100% but not quite there.
The fraction 78/85 can be thought of as 78 parts out of a total of 85 equal parts. When you compare it to a full set, you see that it covers most of the set, which matches the high percentage you get.
In everyday terms, 91.76% means that if you had 85 items and you took 78 of them, you would have taken almost all of them. This makes the fraction useful for showing strong performance, high completion rates, or anything that’s near total.