# Magnetic Whiteboard Presentation

Shaheda Moni

Created on March 6, 2024

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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