The number you've written in the question is a terminating number.
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It is: 8.75%
A terminating decimal is a rational number. A non-terminating, repeating decimal is a rational number. A non-terminating, non-repeating decimal is an irrational number.
yes
Yes, it is. Any terminating or a non-terminating recurring decimal is a rational number. In this case, the decimal is terminated. And so, this number is a rational number.
No, irrational numbers can't be expressed as a terminating decimal.