How to convert the interest mentioned by the bank between one point, one point and one point,

The interest conversion between one point, one point and one point mentioned by the bank is: one point is one thousandth, and one point is one percent.

That is, 1 point = 1 point =10cm.

For example, Li Er borrowed 10000 yuan from Zhang San, with a daily interest rate of 5%, and borrowed 1 month.

So Li Er means to borrow 65,438+00,000 yuan from Zhang San and give Zhang San 0.05% daily interest, 65,438+0,000+65,438+0,000 * 0.05% * 30 = 65,438+0,065,445.

1, Li, is a traditional interest unit in China. The interest on private loans is 1%, calculated on a monthly basis. 0.65438+ 0% of the loan amount. If the borrower borrows 10000 yuan, then the monthly interest rate of 1% interest is 10 yuan. According to the annual interest rate, it is one year's interest 120 yuan.

2. The monthly interest rate of 65,438+0 is 65,438+0%, and then the percentage is added, with the percentage representing the decimal part after the score and 5% representing ".5".

3, point, equal to 1%, commonly used in daily oral communication. For example, the salary of a sales position is generally an irresponsible basic salary plus a commission, where the commission is usually a few points of the total sales.

References:

A penny _ Baidu Encyclopedia _ Baidu Encyclopedia