How to convert to Basis Points
To convert percentage into basis point multiply with 100 [ since 1 basis point=11001100 percentage] points
Examples on Basis Point
1. Calculate the basis point for 0.02 percentage points?
Step 1 : We know 1 Basis point = 11001100 percentage points.
so, 0.02 percentage points = 0.02×100 = 2 Basis point.
Answer : 2 Basis point.
2. Calculate the basis point for 50 percentage points?
Step 1 : We know 1 Basis point = 11001100 percentage points.
so, 50 percentage points = 50×100 = 5000 Basis point.
Answer : 5000 Basis point.