.875
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7 5/8% = 7.625% = 0.07625 in decimal
7 divided by 8 = 0.875 To convert to percentage, move the decimal right two spaces. 7/8 = 87.5%
7/8 as a decimal is 0.875
One over 8 percent (one-eighth percent) = 0.00125
The decimal is 0.08 which is 8%.