Answer

First, add up the golden £1 coins.

There are 5 of them, so that is 5 × 100 = 500 pence.

Then the silver coins.

There are two 20p coins = 2 × 20 = 40 pence.

There is one 10p coin = 1 × 10 = 10 pence.

That's 50 pence in total.

Then the bronze coins.

There are four 1p coins = 4 × 1 = 4 pence.

In total, that is 500 + 50 + 4 = 554 pence.

This is 5 pounds and 54p

We write this as £5.54