What Is Bit?
The bit is the basic unit of information in digital communication. It is represented by the numbers 1 and 0. The name is derived from binary digits. A bit can be stored in a digital device or physical device that can exist in two possible distinct states. 8 bits form a byte. Half a byte is called a nibble. 1024 bytes form 1 kilobyte. 1024 Kilobytes form 1 Megabyte and so on.
What is Binary Coded Decimal (BCD)?
BCD is a type of binary encoding where each decimal digit is represented by a fixed number of bits. Each decimal is represented by its corresponding binary number as in the case below. Characters are represented by a special set of patterns.
Thus 98 becomes 1001100 in BCD.