Halfpenny (British decimal coin) Halfpenny (British decimal coin) The British decimal halfpenny (p) coin was introduced in February 1971, at the time of decimalisation, and was worth one two-hundredth of a pound sterling. It was ignored in banking transactions, which were carried out in units of 1p. The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre-decimal sixpence in circulation (with a value
Decimal prolongated into an infinite expansion by adding infinitely many 0. If the rational number is not a decimal fraction, the division may continue indefinitely. However, as all successive remainder are less than the divisor, there are only a finite number of possible remainders, and after some place, the same sequence of digits must be repeated indefinitely in the quotient. That is, one has a "repeating decimal". For example, Conversely, every eventually repeating sequence of digit is the infinite decimal expansion of a rational number. This is a consequence of the fact that the recurring part of a decimal representation is,