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505.05 in word form is: five hundred five and five hundredths.
40.545 in word form is 'Forty point five four five'. NB NOT 'forty point five hundred and forty five'.
The noun 'five' is a concrete noun as a word for is a concrete noun as a word for a physical count of something (for example: The apples look good. I'll take five.)The noun 'five' is an abstract noun as a word for a count of something abstract (for example: We finished the project on day five.)
five hundred fifty-five
Twenty Five