If "basis points" are defined so that 1 percet is equal to
100 basis points, then 75.5 percet is how many basis points
greater than 65.5 percent?
a) .01
b) .10
c) 10
d) 100
e) 1000
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Answer / manikandan
1 % *100=100
so 75.5*100=7550
same as 65.5*100=6550
Take that two values 7550-6550=1000
So the answer would be 1000
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