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
Answer Posted / 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
Is This Answer Correct ? | 4 Yes | 0 No |
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