 Moreland

Primary School

# Week 5 (18th - 22nd May 2020)

Money

The UK uses the Pound Sterling which, like most currencies around the world, is a decimal currency.

This means there are 100 pence in a pound. Pence come in coins of 1, 2, 5, 10, 20 and 50, and these coins vary in colour and shape. Pence is often simply pronounced 'pea', and one pence is also sometimes called a penny.

Things to remember:

• £1 = 100p (100 pennies in a pound)
• The number of pounds you have is the same as how many hundreds you have!
• If we remember that there is 100p in £1, we can quickly see that

£2 = 200p

£4 = 400p

• When converting pounds into pence it is easiest to turn the pounds into hundreds of pence, and then add the pennies we had to start with:

£5 and 60p = 500p and 60p = 500p + 60p = 560p

£3 and 85p = 300p and 85p = 300p + 85p = 385p

• When turning pence into pounds, we should first split it in to hundred and “everything else”:

837p = 800p and 37p

• But we know that 100p = £1, so we can then see that

800p = £8

837p = 800p and 37p = £8 and 37p

This week we are going to add and subtract two amounts of money without and with regrouping.

Before you start, watch the video about money and look carefully at the pictures below.

Lesson 1 (18th May)

We are going to add two amounts of money without and with regrouping.

Let's work together through these two examples. Follow the links below to watch Let's Learn videos.

Activity

Complete the examples below. Pay attention to the formula in the blue box.

Click on the pictures to enlarge them.

Lesson 2 (19th May)

We continue adding two amounts of money without and with regrouping.

Remember: £1 = 100p

You will need to:

• Add two amounts of money without regrouping by first adding the pounds, then the pence.
• Add two amounts of money when the pence add up to 1 pound.
• Add two amounts of money by converting each amount to pence.

Activity

Complete the examples below. Pay attention to the formula in the blue box.

Click on the pictures to enlarge them.

Lesson 3 (20th May)

Subtraction

We are going to subtract two amounts of money without and with regrouping.

Remember: £1 = 100p

Let's work together through the first example. Follow the link below to watch Let's Learn video.

https://moreland-primary-school.primarysite.media/media/money-subtraction-lets-learn

Activity

Complete the examples below. Pay attention to the formula in the blue box.

Click on the pictures to enlarge them.

Lesson 4 (21st May)

Subtraction

We continue subtracting two amounts of money without and with regrouping.

Remember: £1 = 100p

You will need to:

• Subtract two amounts of money without regrouping by first subtracting the pounds, then the pence.
• Subtract two amounts of money using the strategy of compensation, in which the amount subtracted is rounded up to the nearest pound.
• Subtract two amounts of money by converting each amount to pence.

Activity

Complete the examples below. Pay attention to the formula in the blue box.

Click on the pictures to enlarge them.

Lesson 5 (22nd May)

It's time for your Arithmetic Test ;) Good luck!