Similar questions with difference, filly, mare, colt, stallion

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The dictionary says you can use either - although people has become the most common usage. Persons seems to be used more in formal documents.

"— USAGE The words people and persons can both be used as the plural of person but they are not used in exactly the same way. People is by far the commoner of the two words and is used in most ordinary contexts. Persons, on the other hand, tends to be restricted to official or formal contexts, as in this vehicle is authorized to carry twenty persons."

Sources: http://www.askoxford.com

"Hispanic" refers approximately to people of originally Spanish descent (originally only those from ancient Hispania, aka Iberia, a region in Spain that speaks Castillian Spanish.) It does not include any native Americans, for instance. It is not an ethnic term, since several different ethnicities come from that area.

"Latino" refers to somebody originally from what is now called Latin America, those regions of the Americas where Spanish or Portugese is spoken. This includes Mexico, Puerto Rico, Argentina, Bolivia, etc. Again, it is not an ethnic term, because it can include Native Americans and blacks from those regions.

So many Latinos are Hispanic, and vice versa. A Mexican man whose family immigrated from Spain many years ago is both Latino and Hispanic. But not all Latinos are Hispanic. The Nobel-prize winning spokeswoman for the Indians in Guatemala, Rigoberta Menchú Tum, is Latina, but is not Hispanic (because she is Native American.) And not all Hispanics are Latino. Spanish people from Spain are not Latino.

Make sense? Good luck!