268/266 = ≈100.75%
Rounded to 2 decimal places.
A value like 268/266 can show up when something slightly exceeds its target, such as a project completed with 268 items instead of the planned 266. It represents about 100.75%, so the amount is just a little more than the original goal.
To picture it quickly, imagine a full 100% glass of water with less than 1% extra added. Since the numerator is only 2 larger than the denominator, you can estimate the value as just over 100%, not dramatically higher.
A common mistake is to treat 100.75% as 100.75 times the original amount. It actually means the amount is about 100.75% of the original, or roughly three-quarters of 1% above it.