Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Basis points-- hundredths of a percent. so 0.15%.



I always remember "100 basis points = 1%". It's a little confusing since percentages are scalars, so really 1 bps is just the scalar 1/10000.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: