Action For Children Quiz Winter 2024 C/D...
Quizzes & Puzzles2 mins ago
Basis points vs. Percentage points
1 Answers
When should I use basis points and when should I use percentage points in describing movement in rates and percentages?
Answers
Only 1 answer
Best Answer
No best answer has yet been selected by n657020x. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
a move from 5 per cent to 6 per cent is one percentage point. A basis point is a hundredth of that, so more likely used for changes in money exchange rates.
http://en.wikipedia.org/wiki/Basis_points
http://en.wikipedia.org/wiki/Basis_points
Only 1 answer
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.