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Question

What is the meaning of denomination in math?


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Solution

Define the meaning of denomination in Mathematics.

A denomination is a precise description of a currency value, most commonly used for coins and banknotes. The face value of the currency or coins is typically represented by the denomination in math, such as four coins of denomination 5.

Hence, a denomination is a precise description of a currency value, most commonly used for coins and banknotes. The face value of the currency or coins is typically represented by the denomination in math, such as four coins of denomination 5.


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