Making amounts of money

Home learning focus

Learn how to use different coins and notes to make amounts of money.

This lesson includes:

  • one video
  • two interactive activities

Learn

Money is used by people on a daily basis to buy things or pay bills.

Making amounts of money is very important because you need to be able to have the correct number of notes and coins in order to buy something.

The United Kingdom uses pounds and pence as currency.

100p = £1.00

You write an amount of money using decimals if it is over £1.00. You always need two decimal places when talking about money.

For example, if you had a one pound coin and a 20p coin in your pocket, you would write the total as £1.20.

The number before the decimal point shows how many whole pounds you have, while the numbers after the decimal point shows how many pennies there are.

Finding the total

Look at these notes and coins. Can you work out how much money there is in total?

The quickest way to work it out is by grouping all the notes and pound coins together. Then group the other coins that add up to £1.00. Finally, see how many pennies there are left.

£10 + £3 + £1 + 10p = £14.10

Example 1

How could you make £6.13 with the notes and coins below?

When making amounts of money, use your partitioning skills to help you.

Step 1: Focus on how to make the whole pounds first.

£6 can be made with a £5 note and £1 coin.

Step 2: Now, which coins can be used to make the pence?

13p can be made with the 10p, 2p and 1p coins.

Example 2

How could you make £7.20 using these notes and coins?

There is more than one way to make this amount.

Option 1

Step 1: Focus on how to make the whole pounds first.

£7 can be made with a £5 note and two £1 coins.

Step 2: Think about which coins can be used to make the pence.

20p can be made with a 20p coin.

Option 2

Step 1: Make the pounds.

£7 = £5 note + £1 coin + £1 coin

Step 2: Make the pence.

20p = 10p + 5p + 2p + 2p + 1p

Watch the video below to see how some different combinations of coins could be used to buy a drink.

Practise

Activity 1

Coins worksheet

Have a go at the worksheet below from Collins. Write your answers on paper or print out the worksheet and fill it in.

Money worksheet

Click here for the answer sheet

Activity 2

Making different amounts

Make the amounts of money in the worksheet below from Gratnells Learning Rooms. Draw out the coins or use real or toy money to find the answer.

Making different amounts

Click here for the answer sheet

This week's lessons are all about money. You may find it helpful to use some real or pretend money to help you find the answers to the questions.

If you have a printer, you could print and cut out these sheets of coins and notes from Twinkl.

Or you can make your own; copy the shapes from the sheet above and draw the coins and notes onto paper or card.

There's more to learn

Have a look at these other resources around the BBC.

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