Calculating Money

Learn how to add, subtract, multiply, and divide money with confidence. Let’s get started! 🚀

Calculating Money - introduction visual

Video Lesson

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Flashcards

Review key concepts visually

A cartoon with a sandwich priced at £3.68, illustrating UK currency conversion of pounds to pence, and showing how £3.68 equals £3 plus 68p.Calculation of adding £3.68 and £1.49 by separating pounds and pence, demonstrating the result as £5.17.Subtracting money in UK currency with pounds and pence, and step-by-step calculation of £10 minus £5.17 to find the difference of £4.83.Calculating the price of 8 chocolate bars, each costing £1.20, by multiplying 8 by £1.20, resulting in £9.60.Calculating £9.60 divided by 3 step by step using pounds and pence, resulting in £3.20.

🛎️ Understanding Money and Prices

  • Money is measured using pounds (£) and pence (p).
  • £1 = 100p, for example £3.68 = 368p.

🛎️ How to Add Prices?

  • Add pounds and pence separately, then combine the total.
  • If the pence total is 100 or more, convert to pounds (e.g. 149p = £1.49).

🛎️ How to Subtract Prices?

  • Subtract pounds and pence separately.
  • If there is not enough pence to subtract, exchange £1 for 100p first.

🛎️ How to Multiply a Price?

  • Multiply the pounds and pence separately, then add them together.
  • Convert extra pence into pounds at the end if needed.

🛎️ How to Divide a Price?

  • Convert the full amount into pence first (e.g. £9.60 = 960p).
  • Divide, then convert back to pounds and pence (e.g. 320p = £3.20).

Practice Questions

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Interactive Activity

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