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##### Identifying money correctly 1

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**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**Here are the notes that are used in Britain. These are often written as: 5 pounds 10 pounds £5 £10 50 pounds 20 pounds 100 pounds £100 £50 £20**Identifying money correctly 3**Can you identify the following notes and coins? 2. 3. 1. 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**75p**£6.55 £2.08 Paying for things 1 What coins and notes can you use to pay for the following things?: 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?**£4.79**62p £9.49 £82.22 £9.12 £1.52 Paying for things 2 Write down the coins and notes that you could use to pay for the following things. 1. 2. 3. 6. 4. 5.**£7.02**84p £45.29 £62.98 £3.86 £1.99 Paying for things 3 Write down the coins and notes that you could use to pay for the following things. 9. 7. 8. 10. 11. 12.**75p**£6.55 £2.08 Paying for things 4 When paying for things, you don’t always have the exact amount of money. You will often have to pay for something using coins and banknotes that add up to more than the item you are buying. Here you could use £1 coin Here you could use a £5 note and a £2 coin Here you could use 2 £1 coins and a 10p coin If this is the case then you would get change back.**£4.79**62p £9.49 £82.22 £9.12 £1.52 Paying for things 5 Write down the coins and notes that you could use to pay for the following things if you don’t have the exact change. 13. 14. 15. 16. 17. 18.**Paying for things 6**Write down the coins and notes that you could use to pay for the following things if you don’t have the exact change. 21. 19. 20. £7.02 84p £45.29 23. 24. 22. £62.98 £3.86 £1.99**Using coins 1**Here are the coins you have in your pocket. Which of these coins could you use to pay for the 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 2**Here 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 5. 6. a bunch of flowers for £4.78 7. a football programme for £3.84 hiring a bike for £7.69? 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 pencil costing 6p? 6 7 8 9 10 Count forward starting at 6p to 10p Answer: 4p change 1 2 3 4 How much change will I have from 10p if I pay for a rubber costing 3p? Count forward starting at 3p to 10p 3 4 5 6 7 8 9 10 Answer: 7p change 1 2 3 4 5 6 7**Calculating change 2**Work out how much change will be given for each of these costs by counting on. 1. 2. 3. 4.**Calculating change 3**You can calculate change by counting on for any value up to a 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 50 Answer: 6p 6 1 2 3 4 5 Step 2 Count forward in 10s from 50 till you reach 100p (£1) 50 60 70 80 90 100 Answer: 50p Add together 50p + 6p = 56p 10 20 30 40 50**Calculating change 4**Work out how much change will be given for each of these costs by counting on using the two steps. 1. 2. 3. 4. 5. 6.**Calculating change 5 – more than £1.00**To work out change from any other amount of pounds, we use exactly the 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 + 10p = 15p 1 2 3 4 5p Step 2 Count forward from £1.00 to £5.00 £1 £2 £3 £4 £5 Answer: £4 Add together £4 + 15p = £4.15 change 1 2 3 £4**Calculating change 6**Work out how much change will be given for each of these costs by counting on using the two steps. 1. 2. 3. 4. 5. 6.**Calculating change 7**Work out how much change will be given for each of these costs by counting on using the two steps. 7. 8. 9. 10. 11. 12.**75p**£6.55 £2.08 Calculating change with a calculator 1 To work out the change that you receive when paying for something, you take away the cost of the item from what you paid with. Paid with a £1 coin Paid with a £5 note and a £2 coin Paid with a £2 coin and a 10p coin £2.10 - £2.08 £0.02 change £1.00 - £0.75 £0.25 change £7.00 - £6.55 £0.45 change**Calculating change with a calculator 2**Using you calculator work out the change that you would be due if you bought the following items: 1. You have £3.00 You buy a magazine for - £2.83 2. You have £8.80 You buy a football ticket for - £2.83 3. You have £5.00 You buy a bracelet for - £4.90 4. You have £3.90 You buy a cinema ticket for - £3.78**Calculating change with a calculator 3**Work out the change that you would be due if you bought the following items: 5. You have £6.40 You go ice skating for - £6.23 6. You have £5.00 You buy flowers for - £4.78 7. You have £4.00 You buy a football programme for - £3.84 8. You have £7.80 You hire a bike for - £7.69