It is 50/800 or 1/16 in its simplest form
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8 Pounds is equal to 800 Pence. You could get 18 papers with some change left over.
1/8
My answer to the question "How many pounds is 130 ounces?" : 8 1/8
8 ounces or 1/2 a pound Half of 4 pounds = 2 pounds Quarter of 4 pounds = 1 pound Eighth of 4 pounds = half a pound. Half a pound weight is 8 ounces but half a British pound (money) is 50 pence.