It is either 1.0005
or 0.0015
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eight hundred thousandths. Or at least that is how it would be read in the machine world. (IE half an inch or .500 would be read "five hundred thousandths". 0.8005 would be read "eight hundred and a half thousandths" as .xxx5 is half of one thousandth. )
0.75% is the product of a number and 0.0075 Less tan one hundredth. Seven and a half thousandths.
0.0075
There are 1000 thousandths in one.
There is one thousandths of one.