3/264 = ≈1.14%
Rounded to 2 decimal places.
A fraction like 3/264 can show up when only a few items in a large group have a certain feature. For example, 3 out of 264 products might be damaged, or 3 students in a school group might need a special arrangement; that is about 1.14%, a very small share.
To picture 3/264 quickly, imagine 264 dots with just 3 of them colored in. It is a little more than 1 out of every 100, so you can estimate it as roughly one percent when making a quick comparison.
A common mistake is to think 3/264 means 3.264 or 3.264%, rather than a fraction describing three parts out of 264 total parts. It is also easy to overlook how small the value is because the numerator is 3, even though the much larger denominator makes the overall share quite low.