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This is a £1 coin.
Remember that there are 100 pence in £1.
Example:
How many pence are there here?
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
