If "basis points" are defined so that 1 percent is equal to
100 basis points, then 75.5 percent is how many basis points
greater than 65.5 percent?
Answer Posted / mohd.zeeshan uddin
1%= 100 Basis Points
Therefore 75.5%= 7550 Basis Points
and also 65.5%= 6550 Basis Points
Therefore 75.5%>65.5%(7550-6550) by 1000 basis points
Answer is 1000 basis points..........
Is This Answer Correct ? | 6 Yes | 1 No |
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