Percentage Calculation
1. The problem is to find 60p as a percentage of £5.64.
2. Convert 60p to pounds: 60p = £0.60.
3. Use the formula for percentage: $$\text{Percentage} = \left(\frac{\text{part}}{\text{whole}}\right) \times 100$$.
4. Substitute the values: $$\text{Percentage} = \left(\frac{0.60}{5.64}\right) \times 100$$.
5. Calculate the division: $$\frac{0.60}{5.64} \approx 0.106383$$.
6. Multiply by 100 to get the percentage: $$0.106383 \times 100 = 10.6383$$.
7. Round to two decimal places: 10.64%.
Final answer: 60p is approximately 10.64% of £5.64.