If 'basis points' are defined so that 1 percent equal to 100 basis points,than 82.5 percent is how many basis points greater than 62.5percent ?
If 'basis points' are defined so that 1 percent equal to 100 basis points,than 82.5 percent is how many basis points greater than 62.5percent ? Correct Answer 2000
Difference = 82.5 - 62.5 = 20 percent Now, 1 percent = 100 points So, 20 percent = 100×20 = 2000 points