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Transcript
Calculating with Money
Using Decimal Notation and Writing Pounds and Pence
Objectives
- Introduction to Money
- Understanding Decimal Notation
- Converting Pounds and Pence
- Converting Pence to Pounds
- Adding and Subtracting Money
Understaning Money and Decimal Notation
- £1 = 100p
- Decimal notation is used to show parts of a pound and how pence and pounds work together
- For example: £2.50 is read as "two pounds and fifty pence
Converting Pence to Pounds and Pounds to Pence
- When converting pence to pounds, divide by 100 by moving the decimal point at the end two spaces to the left
- E.g. 250 pence is equal to £2.50
- When converting pounds to pence, multiply by 100 by moving the decimal point two spaces to the right
- E.g. £8.50 is equal to 850 pence
Adding and Subtracting Money
When adding or subtracting money with decimal points, line up the decimal points.
Practice Problems!
Objectives
- Introduction to Money
- Understanding Decimal Notation
- Converting Pounds and Pence
- Converting Pence to Pounds
- Adding and Subtracting Money