4/299 = ≈1.34%
Rounded to 2 decimal places.
A fraction like 4/299 can show up when 4 people out of a group of about 300 meet a certain condition, such as being selected for a rare survey or winning a small drawing. That is about 1.34%, so it describes something that happens only occasionally.
To picture 4/299 quickly, imagine a crowd of 300 people with just 4 of them highlighted. It is a little more than 1 person out of every 100, but still far less than 2 out of every 100.
A common mistake is to treat 4/299 as if it were close to 4%, since the numerator is 4. The denominator matters just as much: because it is nearly 300, the fraction is much smaller than 4/100.