It can't be a mixed number since it is less than 1, but as a fraction it is 1/125 in its lowest terms
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1/1,250
eight ten thousandths of a meter
0.08
1000 0200 0050 0008 ------ 1258 ------
no 0.0008 is 0.0005 more than 0.0003 .00030 = 0.00030 = 0.0003