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What fractions of a pound can be used?

Updated: 10/17/2024

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∙ 11y ago

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A hundredth of a pound = 1 penny, is used in routine transactions. Smaller fractions are not normally used but in currency transactions, millionths of a pound may be used in setting rates.

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Related questions

Where are fractions used?

fractions are used in almost everything we do

How much in fractions is one pound?

1/1 lb

What fraction of one pound if four pence?

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.

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Since £1 is equal to 100p we could write 75p as 75/100 of a pound. Or simplified to 75p = 3/4 of a pound.

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what is a reference point that is used for estimating fractions?

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