Money

For grown-ups: this lesson in words

Years 3 to 6 · Maths

Money: I can add, compare and give change with pounds and pence.

1. Here is a £1 coin, two 20p coins and a 5p coin.

   20p + 20p + 5p = 45p

   £1 and 45p make £1.45.

   The dot is the decimal point. Pounds on the left, pence on the right.

   Picture: A £1 coin, two 20p coins and a 5p coin. Altogether they make £1.45.

2. A £1 coin and a 5p coin.

   £1 and 5p make £1.05.

   Pence always have two digits after the point: 05, not 5.

   So we write £1.05, not £1.5. The 0 is a place holder.

   Picture: A £1 coin and a 5p coin. Altogether they make £1.05.

3. Your turn: Here are three coins: 50p, 20p and 2p. How much money is this altogether?

   Picture: A 50p coin, a 20p coin and a 2p coin.

   Choose one:

   • 3p
   • 70p
   • 72p

   Answer

   The answer: 72p

   50p + 20p + 2p = 72p

   Picture: A 50p coin, a 20p coin and a 2p coin. Altogether they make 72p.

Words to know

pence:

The small coins. 100 pence make £1.

change:

The money you get back when you pay too much.

decimal point:

The dot between the pounds and the pence in £1.45.

estimate:

A sensible guess, using rounded numbers.