1,250
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2.5%
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.)
EEx. 35 basis points would be .0035.
0.4% . 100 basis points are equal to 1%
30% off of 500000 = 35000030% off of 500000= 30% discount applied to 500000= 500000 - (30% * 500000)= 500000 - (0.30 * 500000)= 500000 - 150000= 350000