What is 148 basis points as a decimal?

148 Basis Points as a Decimal

Here we will show you how to convert 148 basis points to decimal. Before we continue, note that 148 basis points as a decimal can be shortened to 148 bps as a decimal or 148 bps in decimal.

A basis point is one percent of one percent, and one percent is one of one hundred. To convert 148 basis points to decimal, we will first convert 148 basis points to percent, and then convert the percent to decimal. Below are the step-by-step instructions to convert 148 basis points to decimal.

Step 1) Convert 148 basis points to percent.
Since one basis point is one percent of one percent, 148 basis points is 148 percent of one percent:

(148 × 1) / 100 = 1.48
148 basis point = 1.48 percent

Step 2) Convert percent to decimal.
Since one percent is one of one hundred, you divide the percent answer from Step 1 by 100 to get the percent to decimal:

1.48 / 100 = 0.0148
1.48 percent = 0.0148 decimal

That was the final step. Here is the answer to 148 basis points as a decimal per calculations above:

148 basis points = 0.0148 as a decimal

Basis Points to Decimal Calculator
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149 Basis Points as a Decimal
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