It is 4/100, which can be simplified but it can be worth waiting to see if there are other fractions of a pound to be added or subtracted.
10 pence is one tenth of a pound.
There are 100 pence in one pound. Therefore, 5 pence is equal to 5/100 or 1/20 of a pound.
There are 100 pence in one pound. Therefore, 68 pence is equal to 68/100 pounds.
It is 120 pence/100 pence = 6/5
7/20
1 twentieth .
three fifths
One fifth 100 pence = 1 pound 100 / 20 = 5
75/100!
15/100
13/100 there is no other way of simplifying this fraction :)
There are 100 Pence in One British Pound (or Pound Sterling), therefore £0.04 GBP equals four Pence.