Volume percent or volume/volume percent (v/v%) is used when preparing solutions of liquids. It will have units of volume of the smaller composition substance over the volume of the solution. We calculate as follows:
12.5 mL ethanol = .225 mL ethanol / 1 mL solution ( V )
V = 55.56 mL of the 22.5 % by volume ethanol solution is needed
Hope this answers the question.