Multiply by the smallest integral power of 10 to produce an integer from the original number, then use the resulting integer over the power of ten as a fraction. In this specific instance 8.06 X 100 = 806; therefore, the fraction is 806/100 = 403/50 or 8 and 3/50.
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To convert a fraction to a decimal, divide the denominator into the numerator. Decimals don't have remainders.
Convert the absolute value of the decimal to a fraction and then put a minus sign before it.
1/2
0.2 a repeating decimal into a fraction = 2/9
6 :)