Hey! Your doubt is obvious but don't worry we can calculate rank from percentile with the formula mentioned below. You can check your rank with this formula.
((100 P)/100)*N + 1
Here,
P = Your NTA score
N = Total Number of Students
And yes it totally depends upon total no. of students applying for exam. Hope this may help you.

The number of applicants for an entrance exam surely affects your percentile. Actually percentile shows that How many people have you defeated. If your score is 92 percentile, it shows that your score is after 8% of applicants. So if there are 10 lac applicants, suppose in JEE mains this year, then 8% of 10 lacs, that is 80,000 students have scored better than you. So your rank is around 80k.

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