The ability to calculate the number of basis points is crucial for investors and business people. If you are not sure what is meant by a basis point, it should be remembered that 1 basis point equals 1-100. Understanding the idea of bps will help discuss the interest rates, yields and returns on investments more conveniently. The right bps calculator will quickly and easily change the number of basis points into percents without doing any calculation manually. Also, the basis point calculator is easier to use for analyzing financial changes and comparing risks.