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There are 100 cents in a dollar.

There are 400 cents in 4 dollars.

There are 450 cents in 4 dollars and fifty cents.

One third means to divide it into 3 equal parts

100 + 100 + 100 + 100 + 50.

If you take 3 lots of 100 you still have 100 + 50 cents left

Another way to write 100 + 50 is 50 + 50 + 50.

Therefore (100 + 50) + (100 + 50 ) + (100 + 50) = 450 cents or $4.50

So one third of $4.50 is 150 cents or $1.50

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Q: What is one third of four dollars and fifty cents.?
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