How many fifty pence in 500 pounds?
Here we will show you how to calculate how many fifty pence there are in 500 pounds. (How many 50p in £500?)
Calculating how many fifty pence coins there are in 500 pounds is a two-step process. First, we calculate how many fifty pence there are in one pound. Then, we multiply that result by 500 pounds.
Step 1: There are 100 pence in a pound, therefore we divide 100 by fifty pence to calculate how many fifty pence in a pound:
100 ÷ 50 = 2
Step 2: Now that we know that there are 2 fifty pence per pound, we can multiply 2 by 500 pounds to get our answer:
2 × 500 = 1000
That's it. The answer to "How many fifty pence in 500 pounds?" as calculated above, is displayed below.
500 pounds = 1000 fifty pence
We can confirm that the answer is correct, because 1000 times 50 equals 50000, and 50000 divided by 100 is 500 pounds.
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