* Understand the units: We're dealing with "p", which likely stands for pence (a unit of British currency).

* Convert pence to pounds: There are 100 pence in 1 pound (£). So, 2.75p is equal to 2.75/100 = £0.0275.

* Calculate the number of fives: A "five" refers to a 5 pence coin. Since there are 100 pence in a pound, there are 100/5 = 20 fives in a pound.

* Find the equivalent number of fives: Therefore, £0.0275 is equal to 0.0275 * 20 = 0.55 fives.

So, 0.55 fives are equal to 2.75p.