I mean, the general case is certainly trouble for kids. But 15% and 20% look very similar to 15x and 20x. That the two (sometimes!) operate using different rules causes confusion for many students. The implicitness of the fractions conceals something important that's explicit if you write out the fractions. For example, multiplying percents does not do what most students intuitively think it does.
15% of 8 times 20% of 10 isn't 35% of any nice arithmetic combination of 8 and 10. That's hard to communicate to many students.
The main thing I find myself explaining with percentages (IANA educator) is that 'grossing up' != adding the same percentage back, e.g. 80% * 1.2 != 100%, which looks pretty obvious like that, but it's a common mistake among adults talking about real life percentages like taxes.
Another common, and I suppose related, one (but that I don't bother correcting often) is 'percent' != 'percentage point'. Talk of 47% of something being '3% less than' half of it really winds me up - and it's stupidly common among journalists - but it's too common to bother pointing out IMO. Live and let get wrong.
15% of 8 times 20% of 10 isn't 35% of any nice arithmetic combination of 8 and 10. That's hard to communicate to many students.