97.92% is what 94/96 equals when expressed as a percentage.
The fraction 94/96 can be reduced to 47/48, which shows it’s only a little less than a whole. That tiny difference shows up in the percentage as a value just under 100 %.
In everyday terms, 97.92 % means you have almost the entire amount. Whether you’re looking at test scores, completion rates, or any other measurement, this figure signals a very high level of success.