Solve Money Problems

Remember that there are 100 pence in £1.

In this activity, we are going to work out change.

Example

Jack buys 3 ice creams costing 54p each

How much change does he get from £2?

Answer

First, we work out 54 × 3

This is the same as 50 × 3 added to 4 × 3 = £1.50 + 12p = £1.62.

We count on from £1.62 to £1.70 to £2.00 to work out the change.

From £1.62 to £1.70 is 8p.

From £1.70 to £2.00 is 30p.

The change is 8p + 30p = 38p.

Does that make sense?

Let's try some questions.