The 7 in 1.207 has a positional place value of 7/1000 = 7 thousandths
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1207 = 120,700%
It is: MCCVII = 1207
1207 = MCCVII
55% of 1207 is 55/100ths of 1207 1/100th of 1207 is 12.07 55/100ths of 1207 is 55 x 12.07 = 663.85 See the 'Percentages' link below.
The value of the 7 is 7000