It is 45/100.
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Well, isn't that a happy little question! Let's think about it like this: there are 100 pence in a pound. So, if 45 pence is what we have, we can say that it's 45/100 of a pound. Just a little fraction math to brighten your day!
10 pence is one tenth of a pound.
4/5 of a pound.
There are 100 pence in a pound. 15 out of 100 is 15/100. The simplest form is 3/20
One fifth 100 pence = 1 pound 100 / 20 = 5