One fortieth
20.00/ 0.50 = 40
so 0.50 of 20.00 = 1/40
or 2.5% or 0.025
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To find the fraction, divide 50p (which is £0.50) by £20.00. This gives a fraction of 1/40.
30p / 50p = 30/50 = 3/5
50p to 1.00p = 50p to 1p = 50/1, which, as a decimal number is 50.
There are 100p in a UK (Sterling) pound (£). Therefore, 50p is half of £1.
One half
5 10 ths