0.12 lb. One pound equals to 16 ounces and one ounce equals 0.06 of a pound. Also this relates only to solid (weight) ounces. There are two different kinds of ounces, ounces of weight/mass and ounces of volume (fluid). This can change when you are using the ounces to measure a non-liquid such as flour or sugar since the weight of dry items is not the same as their volume. An ounce of volume is called a "fluid ounce."
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2 lbs. 2.2 oz.
It is 40/16 = 2 8/16, which you can simplify if required.
4.5 ounces is 0.28125 lbs.
0.4 pounds = 6.4 ounces
26.5 ounces = 1.66 pounds