Q. If "basis points" are defined so that 1 percent is equal to 100 basis points, then by how many basis points is 82.5 percent greater than 62.5 percent?
A) 20
B) 0.2
C) 2000
D) 200
✔ Correct Answer: 2000
Exam Insight
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A) 20
B) 0.2
C) 2000
D) 200
✔ Correct Answer: 2000
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