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Business Math Currency Conversion

Hobo5

New member
Mar 27, 2018
9
Sir,
Would anyone be able to help me with converting the UK decimal currency amount of £0.91 to £ s d
Thank you in advance,
Regards,
P.N.
 

Olinguito

Well-known member
Apr 22, 2018
251
In the pre-decimal currency of the UK, there were 12 old pence in one shilling and 20 shillings in one pound; thus there were 240 old pence in a pound. (Note that the symbol for the old (pre-decimal) penny is d whereas p is the symbol for the new (decimal) penny.)

If $x$ is the amount of old pence corresponding to 91 new pence, then
$$\frac x{240}\ =\ \frac{91}{100}$$
giving $x=0.91\times240=218.4$.

$218.4\ =\ 18\times20+2.4.$

Hence $£0.91\ \text{(decimal)}\ =\ £\mathrm{0\,\,18\,s\,\,2.4\,d}\ \text{(pre-decimal)}$.
 

Wilmer

In Memoriam
Mar 19, 2012
376
EASIER if you do what we did here in Canada:
eliminate the **** penny!!
 

Klaas van Aarsen

MHB Seeker
Staff member
Mar 5, 2012
9,265
EASIER if you do what we did here in Canada:
eliminate the **** penny!!
Don't you have the problem that you don't know how many dollars there are in a dollar?
Easier if you do what we did here in Europe: only one Euro. :p