To convert 15p to pounds, you need to divide by 100 since there are 100 pence in a pound. Therefore, 15p is equal to 0.15 pounds. To find the fraction of 0.15 pounds out of one pound, you would set up the fraction as 0.15/1. Simplifying this fraction gives you 3/20. So, 15p is equal to 3/20 of one pound.
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If you mean £1 then it is: 15/100 = 3/20 in its reduced terms
10 pence is one tenth of a pound.
It is 45/100 and you can simplify that fraction if required.
15/100
One fifth 100 pence = 1 pound 100 / 20 = 5