93/97 as a percentage is 95.88%. This number tells you that the fraction is very close to a whole, but just a little bit less. When you see the percent, you can quickly understand how large the part is compared to the whole.
The fraction 93/97 is a simplified ratio that can't be reduced further. It shows that out of 97 equal parts, 93 are taken, leaving only 4 parts missing. Because the missing part is small, the percentage is high, hovering just under 100%.
In everyday situations, such a percentage might be used to show a high success rate, a strong approval score, or a nearly complete collection. Rounding it to two decimal places makes it easy to read and compare with other percentages without getting bogged down in long decimals.