96.94% is what you get when you turn the fraction 95/98 into a percentage. This rounded figure tells you how close 95 is to 98 in terms of hundredths.
When you look at the fraction itself, 95 out of 98 parts means you’re missing only three pieces from a whole. That tiny gap shows why the percentage is so high, just under one whole hundred.
In everyday use, you can think of 96.94% as a way to describe something that’s almost completely complete—like finishing a project or getting a score that’s just a little shy of perfect.