divide £56 in a ratio of 5:4

Question

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Answer 1

First divide £56 by 9. This does not give an exact number of pounds and pence. The closest is £6.22. But we need to add a couple more decimal places because we are going to multiply by 5 and 4. So we choose £6.2222. We are going to calculate 5/9 and 4/9 of £56.

Multiply by 5 and round to the nearest pence: £31.11 and now multiply by 4: £24.89.

So the split into 5:4 gives £31.11 and £24.89.