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Weightage value is a relative measurement of impact any KR or objective alignment is going to have on the overall objective progress. Thus if there is only one KR with weightage value 10, it is going to have the same impact even if its weightage is updated to anything more than 0.

0 is a special case of weightage - when set, it doesn't impact the objective progress at all. 

Formula for calculating the impact is same as that of weighted average. For example, if there are 4 key results to an objective and and no alignments with following weightage values for KRs - 3, 5, 7, 10. When the first KR with weightage 3 is 100% complete it will impact parent objective progress by = 3*100/(3+5+7+10) = 12% whereas the fourth KR with 10 weightage will impact by = 10*100/(3+5+7+10) = 40%.

Same logic is followed for alignments weightage. For example there are 4 KR with above KR weightages & 2 objective alignments. When the first objective with weightage 5  assuming it is 100% complete, it will impact parent objective progress by = 5*100/(3+5+7+10+5+4) = 14.70% whereas the 2nd objective alignment with 4  weightage will impact by = 4*100/(3+5+7+10=5+4) = 11.76%.

One more example of weightage that relates to Alignment is as below -

Let‘s say a Manager has the following set of goals, with respective importance weighs (in %):

Goal A – 45%

Goal B – 35%

Goal C – 20%

Total goal portfolio: 100%

How can this Manager view his Total portfolio achievement, with respect to the mentioned importance weights?

If you look at the below images, Goal A has a weightage of 9, Goal B has a weightage of 7, Goal C has a weightage of 4.

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There is one more goal called 'Portfolio of Achievement', which receives contribution from all of the above goals.

When each goal makes progress, they will contribute to the parent objectivebased on the weightages. Here when Goal C is at 100%, its contribution is exact 20% towards  'Portfolio of Achievement'.

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