2/296 = ≈0.68%
Rounded to 2 decimal places.
A fraction like 2/296 can describe a very uncommon event, such as 2 damaged items in a shipment of 296 or 2 people in a group of 296 needing special assistance. It represents about 0.68%, so it would usually be described as a rare occurrence.
To picture it quickly, imagine a large crowd of about 300 people with only 2 selected or affected. Since it is less than 1%, you can think of it as fewer than 1 person out of every 100, or roughly 1 person out of 150.
A common mistake is reversing the numbers and treating the fraction as 296 out of 2, which describes something completely different. Another point of confusion is assuming that 0.68% means 68%; the decimal percentage is much less than one whole percent.