This question assesses fraction-to-percent conversion. Start by converting the fractionto a decimal. Divide 5 by 8:
5 ÷ 8 = 0.625.
To convert a decimal to a percent, multiply by 100:
0.625 × 100 = 62.5%.
Therefore, the correct answer is C. The other options represent incorrect conversions: 37.5% equals, 22.5% is not a standard eighth fraction, and 40% equals. On the NEX exam, knowing common fraction-percent equivalents (such as 1/8 = 12.5%) can significantly reduce calculation time and improve accuracy.
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