94.85% is what you get when you turn the fraction 92/97 into a percentage (rounded to two decimal places). This shows that 92 out of 97 parts is almost the whole amount.
In everyday terms, if you had 97 pieces of something and you kept 92 of them, you would have kept about ninety‑five percent of the total. That’s a very high portion, just a little shy of taking every single piece.
Seeing the number as a percentage makes it easy to compare with other values. For example, 94.85% is higher than 90% but lower than 100%, giving you a quick sense of how close the fraction is to a whole.