To convert \( \frac{1}{8} \) to a decimal, you divide 1 by 8:
\[ \frac{1}{8} = 0.125 \]
To convert \( 0.125 \) to a percent, you multiply by 100:
\[ 0.125 \times 100 = 12.5% \]
So, \( \frac{1}{8} \) is equivalent to \( 0.125 \) in decimal form and \( 12.5% \) as a percent.