0.005 as a percentage = 0.5%
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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.)
as a percentage of what.
Percentage is considered a singular noun: The percentage of unemployed citizens is usually about five percent.
On base percentage plus slugging percentage
The percentage of 0.6 is 60%.