Yes.
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0.125 or 12.5%
.0125
1/2 is equivalent to .5, 2/8 is equivalent to .25, and 4/5 is equivalent to .8. So therefore, 2/8 is closer to 1/2.
10 over 80 is one equivalent.
Yes. 8/16 = (8×1)/(8×2) = 8/8 × 1/2 = 1 × 1/2 = 1/2