How many five pence in 1240 pounds?
Here we will show you how to calculate how many five pence there are in 1240 pounds. (How many 5p in £1240?)
Calculating how many five pence coins there are in 1240 pounds is a two-step process. First, we calculate how many five pence there are in one pound. Then, we multiply that result by 1240 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 1240 pounds to get our answer:
20 × 1240 = 24800
That's it. The answer to "How many five pence in 1240 pounds?" as calculated above, is displayed below.
1240 pounds = 24800 five pence
We can confirm that the answer is correct, because 24800 times 5 equals 124000, and 124000 divided by 100 is 1240 pounds.
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