Reversed-phase HPLC
RP-HPLC separates components of a sample by hydrophobicity on a C18 column under a gradient of increasing organic solvent. Peptides elute as discrete peaks and are detected by ultraviolet absorbance, typically at 214 nm where the amide bond itself absorbs.
The reported purity figure is a peak-area percentage: the area of the main peak divided by the total area of all peaks. It is a relative measure. It says the target sequence accounts for that share of UV-absorbing material, and it says nothing about water content, counter-ion mass, or any impurity that fails to absorb at the detection wavelength.