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, showing that it's very nearly the whole amount. It's just a tiny bit shy of being 100%.
In everyday terms, if you had 99 of something and took away 96 of them, you'd only have 3 left. That's a pretty small amount remaining. This fraction could be useful in various real-world situations, like calculating grades, measuring progress towards a goal, or determining how full a container is. The high percentage indicates that whatever is being measured is almost complete or at full capacity.