A £50 total (3)
I believe the answer is:
all
'total' is the definition.
(I've seen this before)
'a ps50' is the wordplay.
'ps50' becomes 'll' (I can't explain this - if you can you should believe this answer much more).
'a'+'ll'='ALL'
Can you help me to learn more?
(Other definitions for all that I've seen before include "Everybody; everything" , "None excluded" , "See 10 Across" , "Total" , "Entire" .)