The fraction 83/96 is equal to 86.46% 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 83 of those parts, you'd have about 86.46% of the total.
To put this in perspective, 86.46% is pretty close to 7/8 or 87.5%. It's a fairly large portion, more than three-quarters but not quite 9/10. In everyday situations, you might see this kind of percentage used to describe things like test scores, project completion, or even battery life on a device. For example, if your phone battery was at 86.46%, you'd know it's mostly charged but not completely full.