The fraction 94/96 is equal to 97.92% when converted to a percentage. This percentage is rounded to the nearest two decimal places. It's a pretty high percentage, showing that 94 is very close to 96 in value.
To put this into perspective, if you had a test with 96 questions and got 94 of them correct, you'd score a 97.92%. That's an excellent grade! In many situations, this percentage would be considered almost perfect or nearly complete. It's just a tiny bit shy of 100%, which makes it a very strong fraction in most contexts.