We have to express the value 8 1/4 % in decimals.
We start by expressing the fraction as a decimal: 1/4 is 0.25, so the percentage is 8.25%.
To convert a percentage to a decimal, we have to take into account that one unit is equivalent to 100%.
Then, we can convert 8.25% into decimals dividing it by 100%:

Answer: 8 1/4 % = 0.0825