The fraction 96/99 is equal to 96.97% when converted to a percentage and rounded to two decimal places. This percentage represents how close 96 is to 99 in relative terms. It's a pretty high percentage, showing that 96 is very close to 99 - only about 3% away from being equal.
To put this in perspective, if you had a pizza cut into 99 slices and ate 96 of them, you'd have consumed 96.97% of the whole pizza. That's almost the entire thing! This fraction and percentage could be useful in various real-world situations, like calculating grades, measuring progress towards a goal, or determining how full a container is.