The fraction 81/96 is equal to 84.38% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 96 equal parts of something and took 81 of those parts, you'd have 84.38% of the whole.
To put this in perspective, 84.38% is pretty close to 85%, which is just over five-sixths of a whole. It's a fairly large portion, more than three-quarters but less than nine-tenths. In everyday situations, you might see this percentage used in things like test scores, where getting 81 out of 96 questions correct would be considered a good result.
