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That would be 1/20 - 5 goes into 100, 20 times. Before 1971, the pound is divided into twenty shilling and then a shilling is further subdivided into twelve pence. So, five pence is one shilling before 1971. Now, the pound is much simpler with 100 pence since 1971.

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Q: What fraction of 1 pound is 5 pence?
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