Answer :

[tex]\frac{29}{4}=\pounds7,25[/tex]
AL2006
If they saved £29 all together, and if each of them saved the same amount,
then each saved £29/4 = £7.25 or £7 and 25p.

(Before decimalization in 1971, £7.25 would have been £7 and 5s .)

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