http://en.wikipedia.org/wiki/Percentage_point

On Sat, Jan 4, 2014 at 8:35 PM, Matthew Hunt <[email protected]> wrote:
> On Sat, Jan 4, 2014 at 8:28 PM, Paul Stenquist <[email protected]> 
> wrote:
>
>> But of you have ten buns and one guest takes two and the other takes three, 
>> one has ten percent more than the other.
>
> Nope. One has 50% more than the other.
>
> I don't have the NYT Manual of Style and Usage, but the Google Books
> search reveals enough to be clear:
>
> "Do not confuse percent and percentage point: If an interest rate
> rises to 11 percent from 10 percent, the increase is one percentage
> point, but 10 percent."
>
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