Percentage point: Difference between revisions
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A percentage point is 1%, or 100 basis points. | A percentage point is 1%, or 100 basis points. | ||
Revision as of 13:49, 30 August 2016
(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.