Money · Grade 6
In Grade 6 you learn: budgets and best buys.
Money is counted in coins and notes. 100 pence make £1, and 100 cents make $1, €1 or R1. We add up prices, work out change, compare deals and plan budgets.
Key facts
- £1 = 100p, $1 = 100¢, €1 = 100c, R1 = 100c.
- Always write two digits after the point: £4.05 is 4 pounds and 5 pence; £4.50 is 4 pounds and 50 pence.
- To count coins, start with the biggest and count on.
- Best value: work out the price of one item (or of 100 g) for each offer.
- With a budget, add up everything you spend and take it away from what you have.
Worked examples
Example 1
A book costs £6.35. You pay with a £10 note. How much change do you get?
Answer: £3.65
Example 2
Pens cost £4.50 each. How many can you buy with £20, and how much money is left?
Answer: 4 pens, with £2 left
Example 3
4 friends share a meal costing £380. They add a 10% tip. How much does each person pay?
Answer: £104.50