To determine what fraction of 1 is 23p, we need to convert the monetary value to a fraction of a pound. Since there are 100 pence in a pound, 23p is equivalent to 23/100 of a pound. Therefore, the fraction of 1 that 23p represents is 23/100.
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It is 1/23 of a penny.
23/100
1/3 is a fraction.
12.0 = 12/1 in fraction
It has "1" for the numerator.
I would guess it means the same as "unit fraction" - a fraction that has a numerator of 1, such as 1/2, 1/7, or 1/100.