percent means out of 100, so:
12% = 12/100
= 3/25 (dividing top and bottom by 4).
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It is: 12/45 = 4/15 as a fraction in its lowest terms
Reduced to a vulgar fraction in its lowest terms, 12.5% is equal to 1/8, or one eighth.
It is: 12/25 in its lowest terms
8/12 = 4/6 = 2/3 in its lowest terms.
0.48 = 48/100 = 12/25