It is 23p/1p = 32/1 = 23.
percentage = 12.5%% rate:= 7p/56p * 100%= 0.125 * 100%= 12.5%
They have 56p in all.
56p
To determine what fraction of 1 is 23p, we need to convert the monetary value to a fraction of a pound. Since there are 100 pence in a pound, 23p is equivalent to 23/100 of a pound. Therefore, the fraction of 1 that 23p represents is 23/100.
23p
23p.
23/100
8
56p (UK)
I don't know: But www.shakenbake.com does
23/100