Since you are rounding off I will have to pick $26\%.$ You have given me $26\mathrm{.}67\%$ and now $27\%.$ None of those answers are from the choices provided in the question. One of those is what I would need, therefore, the nearest one to yours would be $26\%.$ Just FYI. Thank you.

Thank you for the formula but $26\mathrm{.}67$ isn't an answer option. There is a $26\%$ which is the closest to yours. Would it be safe to assume that this would be correct? I still need your assistance. Thank you.

ABC Insurance has an annual earned premium of $3$ million dollars. Their year end losses total $$800,000\mathrm{.}00.$ What is the loss ratio for ABC Insurance?