120/118 = ≈101.69%
Rounded to 2 decimal places.
A value like 120/118 can show up when something is slightly higher than its original amount, such as a price increase, a test score compared with a target, or a measurement that grew a little. In percentage terms, it is about 101.69%, meaning the new value is just above the full original amount.
To picture it quickly, think of 118 as 100% and 120 as two units more, so the fraction is only a little greater than one whole. A fast estimate is that it is close to 102%, or about 1.02 times the starting value.
One common mistake is saying that 120/118 represents a 1.69% increase without considering what the comparison is based on. The fraction itself is about 101.69% of the original, while the amount above 100% is the increase.