Reply to post: Re: Bank Accounts out by 5p

In a time before calculators, going the extra mile at work sometimes didn't add up

johnfbw

Re: Bank Accounts out by 5p

Not really - using the same conversion method, 11d translated to 11p

Using the correct ration (100/240 or 0.41) 11d=4.58p. As they still had 1/2p coins thats 4.5 New Pence a whole 6.5p too much.

Banks work on precision

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