It is approx 0.16%.
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7%
$1,750,000,000 or $1.75 billion.
2.8571
1.42857 x 10-8%% rate:= 1/7000000000 * 100%= 1.42857 x 10-10 * 100%= 1.42857 x 10-8%
1 million = 1000,000 1.2 million = 1200000 7 billion = 7000000000 Hence required percentage is (1200000/7000000000)x100 = 12/700 which is 0.017142857