1.2 is a fraction. It is a fraction in decimal form rather than in the form of a ratio. However, that does not stop it being a fraction. And, being a decimal, there is no simpler form. Its rational equivalent is 12/10 which can be simplified to 6/5.
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12% as a fraction in its simplest form is 3/25
1/12 is in its simplest form.1/12 is in its simplest form.
If you mean 12% then it's 3/25 as a fraction in its simplest form.
The simplest form of the fraction ten twenty-fourths is 5/12
12/25