It is: 1/8
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1/8 * 1/8= 1/64 in fraction
One eighth (1/8)
1/9
One seventh is larger than one eighth. The smaller the number under a 1 in a fraction, the larger that fraction is. Think 1/4, 1/3, 1/2 and you'll see the size of the fraction increasing; the numbers are becoming larger.
Reduced to a vulgar fraction in its lowest terms, 12.5% is equal to 1/8, or one eighth.