Know Your Money: The Money Symbols (1)

We use two different symbols to describe amounts of money.

We use p for pence and £ for pounds.

p goes after the number of pence.

£ goes before the number of pounds.

We never use £ and p together.

Examples

50 pence is written as 50p.

27 pence is written as 27p.

50 pounds is written as £50.

27 pounds is written as £27.

50 pounds and 27 pence is written as £50.27.

2 pounds and 5 pence is written as £2.05.

2 pounds and 50 pence is written as £2.50.