Usually what you apply to the motor outputs are digital pulse width modulated (PWM) signals. The precentage (vs %) refers to the duty cycle of the PWM. If you put 50% you will output a square wave, and get your mosfet to apply half power, kind of like applying 6V instead of 12V to your motor. If you put 10% you will make a square wave that is high 10% of a certain frequency.