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You cannot use fractions for money! I cannot go to a shop and say I'll have that bottle of wine, and here are the halves, seven thirds and the rest in fifteenths!

Only fractions of money can be used for money. And you use them most of the time when things are priced in the major currency unit (pound, dollar, Euro), with 0 to 99 hundredths of the major unit called the minor unit (pence, cents, cent).

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Q: When did you use fractions as money?
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Do bankers use fractions?

Yes, bankers use fractions because fractions are the same as percentage. and they need percentage for exact change and for knowing how much money is in the safe.


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Sure, honey. You can use fractions when following a recipe and measuring ingredients, when calculating discounts or sales prices while shopping, and when dividing up a pizza among friends. Fractions are everywhere, just like wrinkles and bad decisions.


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