The fraction 90/92 is equal to 97.83% when converted to a percentage and rounded to two decimal places. This means that 90 out of 92 parts represent nearly 98% of the whole. It's a pretty high percentage, showing that the fraction is very close to being a complete unit or 100%.
In everyday situations, you might come across this fraction or percentage when dealing with things like test scores, completion rates, or efficiency measurements. For example, if a student answered 90 out of 92 questions correctly on a test, they would have scored 97.83%. This would be considered an excellent performance, as it's very close to a perfect score.