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The little ' m ' stands for 'mega' which is the same as 'million'.So 3.1 mbps = 3,100,000 bps.
4%
128 64,2 32,2,2 16,2,2,2 8,2,2,2,2 4,2,2,2,2,2 2,2,2,2,2,2,2
A decimal number is simply a way of representing a number in such a way that the place value of a one is ten times that of a one in the place to its right. If it does not contain a fractional part then the decimal representation does not require a decimal point. So the decimal for 50 bps is 50 bps – as in the question.