This activity is all about solving problems involving money.
Remember that there are 100p in a pound.
So if we subtract 1p from £1 we get 99p or £0.99
Example
Subtract 253p from £10.
Answer
Working in pounds, we must work out £10.00 - £2.53
Remember there are decimals when we subtract with money and we need to consider the place values of pounds and pence.
The answer must be written with a £ sign, so the answer is £7.47
Let's have a go at the questions now.
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Question
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Teacher explanation