Percentage Points
- Thread starter KWF
- Start date
Yes0.04% minus 0.03% is a decrease of 1/100% or 0.01%. Is this also a decrease of 1 percentage point? I thank you for your reply!
Unfortunately, I made an error. I did not notice that your example was
0.04%−0.03%=0.01%. Why did I not notice that? I have no clue.You were clear enough.
That is a difference of one basis point, not one percentage point.
4%−3%=1%=1 percentage point.
0.04%−0.03%=0.01%=a hundredth of a percentage point=1 basis point.
Sorry for my mistake.
0.04%−0.03%=0.01%. Why did I not notice that? I have no clue.You were clear enough.
That is a difference of one basis point, not one percentage point.
4%−3%=1%=1 percentage point.
0.04%−0.03%=0.01%=a hundredth of a percentage point=1 basis point.
Sorry for my mistake.