92-96%
I'd have guessed it's more like 99%. isn't anything that isn't heat or noise = perfect efficiency? a normal bike chain doesn't get hot or make much noise at all, does it? seems to me just about 100% efficient. maybe transfers a bit of vibration to the rest of the frame? but not 8%-4% of its transferred force....
Motorcycles can have 150hp engines (~100kw) and even then the chain doesn't get particularly hot.