It is: 1/8 of 40p = 5p
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4p
1kg ~= 2.2lb (slightly over) 45p per 1/2 kg = 90 per kg 40p per lb ~= 88p per kg ⇒ 40p per pound is cheaper.
10 divided by 1 and 1 eighth is 8.8889.
1/2
1 half of 1 eighth of 1 fourth is 1/64