Write as 40/100 then simplify by dividing numerator and denominator by 20 to give 2/5
Therefore 40p is 2/5 of £1 (100p).
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10 pence is one tenth of a pound.
4/5 of a pound.
It is 45/100.
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