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If "basis points" are defined so that 1 ...

If "basis points" are defined so that 1 per cent is equal to 100 basis points, then by how many basis points is 82.5 per cent greater than 62.5 per cent ?

A

0.2

B

20

C

200

D

2000

Text Solution

Verified by Experts

The correct Answer is:
D
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