How many five pence in 1001 pounds?


Pence in Pounds

Here we will show you how to calculate how many five pence there are in 1001 pounds. (How many 5p in £1001?)

Calculating how many five pence coins there are in 1001 pounds is a two-step process. First, we calculate how many five pence there are in one pound. Then, we multiply that result by 1001 pounds.

Step 1: There are 100 pence in a pound, therefore we divide 100 by five pence to calculate how many five pence in a pound:

100 ÷ 5 = 20

Step 2: Now that we know that there are 20 five pence per pound, we can multiply 20 by 1001 pounds to get our answer:

20 × 1001 = 20020

That's it. The answer to "How many five pence in 1001 pounds?" as calculated above, is displayed below.

1001 pounds = 20020 five pence


We can confirm that the answer is correct, because 20020 times 5 equals 100100, and 100100 divided by 100 is 1001 pounds.

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