40 basis points in decimals
0.65%
2.5%
4%
1.5%
.2
0.04%
.2%
1.4%
percentage = 65%% rate:= 26/40 * 100%= 0.65 * 100%= 65%
0,05 of a percentage point, i.e the difference of 0,05%. Basis points (bps) refer to the change of percentages. 1 bp = 0,01% change 1% change = 100 bps (The increase of Interest rate from 3,5% to 3.75% can be described as the increase by 25 basis points.)
A basis point is one-one hundredth of a percent...so, 100 basis points.