Percentage point
From ACT Wiki
A percentage point is 1%, or 100 basis points.
An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.
A percentage point is 1%, or 100 basis points.
An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.