They are 50, which is an integer and not a fraction. A fraction does not imply a change in the measurement unit. If you wanted 50 pence expressed as a fraction of some other currency unit - for example a Crown, then you need to specify.
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They don't. 50 is an integer, not a fraction.
237/50 = 4 and 37/50 rolls
Pennies and cents are the same, so 50 cents = 50 pennies
50 pennies = 1/2 dollar 50 pennies = 0.5 dollar
No, 50 pennies is 50 cents. That is half of a dollar.