Identifying money correctly 1

23
Identifying money correctly 1 Here 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

description

Identifying money correctly 1. Here are the coins that are used in Britain. These are often written as:. 1 pence. 2 pence. 5 pence. 10 pence. 1p. 5p. 10p. 2p. 20 pence. 50 pence. 1 pound. 2 pounds. 20p. 50p. £1. £2. Identifying money correctly 2. - PowerPoint PPT Presentation

Transcript of Identifying money correctly 1

Page 1: Identifying money correctly 1

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

Page 2: Identifying money correctly 1

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

Page 3: Identifying money correctly 1

Identifying money correctly 3

Can you identify the following notes and coins?

1. 2. 3. 4.

5. 6. 7.

Page 4: Identifying money correctly 1

Identifying money correctly 4

Can you identify the following notes and coins?

8. 9. 10. 11.

12. 13. 14.

Page 5: Identifying money correctly 1

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

Page 6: Identifying money correctly 1

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?

Page 7: Identifying money correctly 1

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.

Page 8: Identifying money correctly 1

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.

Page 9: Identifying money correctly 1

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.

Page 10: Identifying money correctly 1

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.

Page 11: Identifying money correctly 1

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.

Page 12: Identifying money correctly 1

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?

Page 13: Identifying money correctly 1

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.

Page 14: Identifying money correctly 1

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

Page 15: Identifying money correctly 1

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.

Page 16: Identifying money correctly 1

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

Page 17: Identifying money correctly 1

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.

Page 18: Identifying money correctly 1

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

Page 19: Identifying money correctly 1

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.

Page 20: Identifying money correctly 1

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.

Page 21: Identifying money correctly 1

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

Page 22: Identifying money correctly 1

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

Page 23: Identifying money correctly 1

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