The fraction 85/96 is equal to 88.54% 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 85 of those parts, you'd have about 88.54% of the total.
To put this in perspective, 88.54% is pretty close to 90%, which is almost the whole thing. It's like having most of a pizza, with just a slice or two missing. This fraction and percentage could be useful in various real-world situations, such as calculating grades, measuring progress on a project, or determining how much of a task has been completed.