Re:Understanding British Money: What's a Quid? A Shilling?
by denton-scratch on Saturday March 04, 2023 @11:53AM
(#35022270)
> it's amazing to me that anyone ever got fluent with this.
Twelve (pence to the shilling) is actually quite a convenient way of denominating money. Twelve has more divisors than ten, which makes a lot of calculations easier. It wasn't so hard to learn the basics - 12 pence to the shilling, 20 shillings to the pound; a child could do it. But working out 17.5% VAT on a transaction in decimal coinage isn't so much fun.
Twelve (pence to the shilling) is actually quite a convenient way of denominating money. Twelve has more divisors than ten, which makes a lot of calculations easier. It wasn't so hard to learn the basics - 12 pence to the shilling, 20 shillings to the pound; a child could do it. But working out 17.5% VAT on a transaction in decimal coinage isn't so much fun.