My rank at my university is 2/20 percentile from the top in a class of 23,780. What does this mean?

My rank at my university is 2/20 percentile from the top in a class of 23,780. What does this mean?
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Answer :

My assumption is that 2 / 20 stands for 10%, so that would mean you are in the top 10% of your class. Likewise, 1 / 20 would mean the top 5%. Since the class size is 23780, then your class rank would be between 2378 and 1189.
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