Answer: The two values are equal
"percent" means "per 100". Think of "cent" as "century" (100 years) or "100 cents to a dollar". In general, "x percent" means we divide by 100 as shown below
x% = x/100
175% = 175/100 ... replace x with 175
175% = 1.75
You move the decimal point 2 spots to the right to go from 1.75 (decimal form) to 175% (percent form)