## Where does pennies on the dollar come from?

The origin of the expression “pennies on the dollar” To properly understand this expression, you need to know that the origin of “pennies on the dollar” is exchange rates. In financial exchanges across currencies, the worth of each country’s money can vary considerably.

## What does the phrase on the dollar mean?

It means that you are paying a price of ‘X’ for every dollar it is worth. For example, if you are buying a refrigerator worth $100 for $60, you are paying at 60 cents on a dollar. This expression can be used when something is sold at a premium too.

**What does it mean when someone says 20 cents on the dollar?**

If they say 20 cents on the dollar, that means for every dollar it is worth, you pay 20 cents. so a $100K house for $20K.

### How much is 80000 pennies worth in dollars?

$800 dollars.

### What are pennies made of 2021?

Most of our coins are metal sandwiches. The outside layers are three-quarters copper and one-quarter nickel, and the “filling” is solid copper. Pennies are made of zinc coated with copper. Only nickels are one solid material—that same 75% copper/25% nickel alloy.

**Why is Abraham Lincoln on the penny?**

In 1909, Teddy Roosevelt introduced the Lincoln cent to commemorate the 100-year anniversary of the 16th U.S. president’s birth. At the time, it was the first American coin to feature the likeness of an actual person (as opposed to the personifications of “liberty” appearing on earlier designs).

## What is ten cents on the dollar?

I believe that the expression “ten cents on the dollar” means to receive less than something is worth and not literally 10%.

## What is 25 cents on the dollar?

25 cents is 1/4 of a dollar. A dollar is 100 cents, so 25 is 1/4 of 100.

**What does 50c on the dollar mean?**

The formula is simple: Cents on the dollar=(Value–Cost)/Value. If your result is 0.5, your ratio is “50 cents on the dollar” and you are paying 50 cents for every dollar — a 50% discount.

### What does 70 cents on the dollar mean?

If I buy $100 worth of something and later sell it for only $70, I have sold it for 70 cents on the dollar. 70 cents on the dollar represents a loss or a savings, depending on which side of the transaction you stand. I hope this is helpful, Petra. 0.

### What penny is worth $50000?

The 1959-D wheat penny is one of the most controversial mule coins ever. It’s worth $50,000!

**How many dollars is 2.8 million pennies?**

$28,000

2.8 million pennies is the equivalent of $28,000.

## What does pennies on the dollar exactly mean?

“ C” mintmark – Charlotte,North Carolina Mint; this rare mintmark is seen on gold coins minted from 1838 through 1861.

## Is 100000000 pennies is same value as one million dollars?

You can use the same method of determining the weight of any amount of money as long as you know the weight of the coin you are using. For example, a USA penny weighs 2.5 grams. There are 100,000,000 pennies in 1 million dollars. This equals 250,000,000 grams in weight. If you convert that into pounds it equals 551,155 pounds.

**How many pennies make up 10 billion dollars?**

Well, since there are one hundred (100) Pennies in a dollar, we would multiply one hundred (100) by one billion (1,000,000,000 or 10 to the power of 9) and if we do the math, There you go. 100,000,000,000 pennies are in a billion dollars. This is because 1,000,000,000 by 100 (100 pennies in a dollar) equals 100 billion pennies.

### How many pennies are in 50 dollars?

There are 50 dollar bills in $50.00. Now we can do the math to figure out how many pennies in $50.00: 100 pennies x 50 = 5,000. There are 5,000 pennies in $50.00. Now, please don’t go and pay for something worth $50.00 all in pennies! Firstly, you will be hauling around approximately 27.5 to 34.5 pounds of pennies just to make your payment. Note that the weight of a penny varies based on the material used to make it. Secondly, you will likely make a quick enemy from whoever has to count