It is 40/200 or 1/5 in its simplest form
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One fiftieth of a pound is two pence 1/50 of £1.00= £0.02
£2 = 200 pence 40/200 = 4/20 = 2/10 = 1/5 one fifth
200 Pounds is equal to 20,000 Pence. 20,000 Pence divided by 2 Pence = 10,000 x 2 Pence coins.
2.5%?
100 pence/2 pounds = 100 p / 200 p = 100/200 = 1/2 or 0.5