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\frac{2926}{2700}-1
Expand \frac{29.26}{27} by multiplying both numerator and the denominator by 100.
\frac{1463}{1350}-1
Reduce the fraction \frac{2926}{2700} to lowest terms by extracting and canceling out 2.
\frac{1463}{1350}-\frac{1350}{1350}
Convert 1 to fraction \frac{1350}{1350}.
\frac{1463-1350}{1350}
Since \frac{1463}{1350} and \frac{1350}{1350} have the same denominator, subtract them by subtracting their numerators.
\frac{113}{1350}
Subtract 1350 from 1463 to get 113.