What is 155 basis points as a decimal?

155 Basis Points as a Decimal

Here we will show you how to convert 155 basis points to decimal. Before we continue, note that 155 basis points as a decimal can be shortened to 155 bps as a decimal or 155 bps in decimal.

A basis point is one percent of one percent, and one percent is one of one hundred. To convert 155 basis points to decimal, we will first convert 155 basis points to percent, and then convert the percent to decimal. Below are the step-by-step instructions to convert 155 basis points to decimal.

Step 1) Convert 155 basis points to percent.
Since one basis point is one percent of one percent, 155 basis points is 155 percent of one percent:

(155 × 1) / 100 = 1.55
155 basis point = 1.55 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:

1.55 / 100 = 0.0155
1.55 percent = 0.0155 decimal

That was the final step. Here is the answer to 155 basis points as a decimal per calculations above:

155 basis points = 0.0155 as a decimal

Basis Points to Decimal Calculator
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156 Basis Points as a Decimal
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