Identifying money correctly 1Here are the coins that are used in Britain.
1 pence 2 pence 5 pence 10 pence
20 pence 50 pence 1 pound 2 pounds
These are often written as:
1p 2p 5p 10p
20p 50p £1 £2
Identifying money correctly 2Here are the notes that are used in Britain.
20 pounds 50 pounds 100 pounds
These are often written as:
£20 £50 £100
5 pounds£5
10 pounds£10
Identifying money correctly 3
Can you identify the following notes and coins?
1. 2. 3. 4.
5. 6. 7.
Identifying money correctly 4
Can you identify the following notes and coins?
8. 9. 10. 11.
12. 13. 14.
Money 1
Write these sums of money in order starting with the lowest.
1. 50p, £2, 5p, 20p, £5
2. 20p, 1p, 5p, £50, £5
3. 10p, £1, £100, 2p, 5p
4. 50p, £10, £50, 2p, 1p
5. 20p, £20, 10p, £10, 1p
6. £1, £20, 5p, 10p, 1p
Paying for things 1What coins and notes can you use to pay for the following things?:
75p £6.55 £2.08
50p, 20p, 5p£5 note,
£1, 50p, 5p£2 coin,
5p, 2p, 1p
These are not the only coins and notes that you can use to pay for these items exactly. Can you think of any others?
Paying for things 2Write down the coins and notes that you could use to pay for the following things.
£4.79 62p£9.49
£82.22 £9.12 £1.52
1. 2. 3.
4. 5. 6.
Paying for things 3Write down the coins and notes that you could use to pay for the following things.
£7.02 84p£45.29
£62.98 £3.86 £1.99
7. 8. 9.
10. 11. 12.
Paying for things 4When paying for things, you don’t always have the exact amount ofmoney.
You will often have to pay for something using coins and banknotesthat add up to more than the item you are buying.
75p £6.55 £2.08
Here you could use £1 coin
Here you could use a £5 noteand a £2 coin
Here you coulduse 2 £1 coinsand a 10p coin
If this is the case then you would get change back.
Paying for things 5Write down the coins and notes that you could use to pay for the following things if you don’t have the exact change.
£4.79 62p£9.49
£82.22 £9.12 £1.52
13. 14. 15.
16. 17. 18.
Paying for things 6Write down the coins and notes that you could use to pay for the following things if you don’t have the exact change.
£7.02 84p£45.29
£62.98 £3.86 £1.99
19. 20. 21.
22. 23. 24.
Using coins 1Here are the coins you have in your pocket.
Which of these coins could you use to pay forthe following items:
1. a magazine for £2.83
2. a ticket for the football for £5.75
3. a bracelet for £4.90
4. a ticket for the cinema for £3.78?
Using coins 2Here are the coins that you have in your pocket:
Which of these coins could you use to pay for the following things:
a trip to the ice skating for £6.23
a bunch of flowers for £4.78
a football programme for £3.84
hiring a bike for £7.69?
5.
6.
7.
8.
Calculating change 1
To work out change in your head, you have to count forward.
How much change will I have from 10p if I pay for a pencilcosting 6p?
Count forward starting at 6p to 10p 6 7 8 9 10
1Answer: 4p change
2 3 4
How much change will I have from 10p if I pay for a rubbercosting 3p?
Count forward starting at 3p to 10p3 4 5 6 7 8 9 10
1Answer: 7p change
2 3 4 5 6 7
Calculating change 2
Work out how much change will be given for each ofthese costs by counting on.
Cost Amount handed over
4p 10p
7p 10p
1p 10P
9P 10P
1.
2.
3.
4.
Calculating change 3You can calculate change by counting on for any value up toa pound using just two steps.
Step 1 Count on to the next 10
Step 2 Count forward in 10s until you reach 100p (£1) and then add both your answers together.
How much change will I have from £1.00 if I pay for a bottle of water costing 44p?
Step 1 Count forward starting at 44p to the next 10, which is 50p
44 45 46 47 48 49 50Answer: 6p
1 2 3 4 5 6Step 2 Count forward in 10s from 50 till you reach 100p (£1)
50 60 70 80 90 100
10 20 30 40 50
Answer: 50p
Add together50p + 6p = 56p
Calculating change 4Work out how much change will be given for each ofthese costs by counting on using the two steps.
Cost Amount handed over
34p £1.00
47p £1.00
58p £1.00
76p £1.00
3p £1.00
18p £1.00
1.
2.
3.
4.
5.
6.
Calculating change 5 – more than £1.00To work out change from any other amount of pounds, we use exactlythe same method.
Step 1 Work out the change from £1.00
Step 2 Count on from £1.00 to the amount of pounds you paid with
How much change will I have from £5.00 if I pay for a bottle of water costing 85p?
Step 1 Count forward to a pound
85 86 87 88 89 90 100 Answer: 15p
1 2 3 4 5p + 10p = 15pStep 2 Count forward from £1.00 to £5.00
£1 £2 £3 £4 £5
1 2 3 £4
Answer: £4
Add together£4 + 15p = £4.15 change
Calculating change 6Work out how much change will be given for each ofthese costs by counting on using the two steps.
Cost Amount handed over
66p £5.00
£1.21 £5.00
£3.50 £5.00
£4.92 £5.00
£1.62 £5.00
£2.53 £5.00
1.
2.
3.
4.
5.
6.
Calculating change 7Work out how much change will be given for each ofthese costs by counting on using the two steps.
Cost Amount handed over
49p £5.00
£1.89 £5.00
£2.01 £5.00
£4.26 £10.00
£7.92 £10.00
£9.09 £10.00
7.
8.
9.
10.
11.
12.
Calculating change with a calculator 1To work out the change that you receive when paying for something, you take away the cost of the item from what youpaid with.
75p £6.55 £2.08
Paid witha £1 coin
Paid with a £5 note anda £2 coin
Paid with a £2 coin anda 10p coin
£7.00 - £6.55 £0.45 change
£2.10 - £2.08 £0.02 change
£1.00 - £0.75 £0.25 change
Calculating change with a calculator 2Using you calculator work out the change that you would be dueif you bought the following items:
1. You have £3.00You buy a magazine for - £2.83
2. You have £8.80You buy a football ticket for - £2.83
3. You have £5.00You buy a bracelet for - £4.90
4. You have £3.90You buy a cinema ticket for - £3.78
Work out the change that you would be due if you bought the following items:
5. You have £6.40You go ice skating for - £6.23
6. You have £5.00You buy flowers for - £4.78
7. You have £4.00You buy a football programme for - £3.84
8. You have £7.80You hire a bike for - £7.69
Calculating change with a calculator 3