Money
Maths: Year 3 & 4 National Curriculum, topic 2.4.1
Money
The UK system of money uses units of pounds and pence. We use the symbol £ to show pounds and p to show pence.
Writing amounts of money
- We can write money in different ways.
- For example, five pounds is written as £5.
- Twenty pence is written as 20p.
Mixed units
- We can also write combinations of pounds and pence.
- For example, ten pounds and forty-five pence can be written as:
- £10 and 45p or £10.45
- You should not write the £ and the p sign together without using ‘and’.
- £3.50p is NOT correct.
- £3 and 50p is fine.
Coins and notes
- UK coins and notes come in different amounts.
- The coins are 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2.
- The notes are £5, £10, £20 and £50.
Number of coins in a pound
It is useful to know by heart how many of each coin there are in £1.
- There are 100 pence in £1.
- There are fifty 2p in £1.
- There are twenty 5p in £1.
- There are ten 10p in £1.
- There are five 20p in £1.
- There are 2 50p in £1.
Test yourself on Money
Which of the following is the correct way to write nine pounds and thirty six pence?
Which of the following is the correct way to write twelve pounds and seven pence?