Percentage point: Difference between revisions
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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. | |||
== See also == | |||
* [[Basis point]] | |||
* [[Percentage]] | |||
[[Category:The_business_context]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 12:36, 24 December 2019
(pp).
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.