So, 1 1/4% and 1.25% aren't the same thing? Of course they are.
8/9, or 8÷9 = 0.8888... which we round to 0.89.
1 8/9% = 1.89% = 0.0189
My algebra teacher taught me that the decimal always moves two places, and the percent sign is a scary monster. So, when the percent sign is there, you want to run away from it. When it's gone, it's OK to move that direction.
65% = 0.65
2.6 = 260%
Hope that helps!