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Subtracting with Money: Subtracting Pounds and Pence

In this worksheet, students subtract the given amounts of money, giving their answers in pounds.

'Subtracting with Money: Subtracting Pounds and Pence' worksheet

Key stage:  KS 2

Year:  Year 5 Maths worksheets

Curriculum topic:   Measurement

Curriculum subtopic:   Solve Four Operations Problems

Popular topics:   Place Value worksheets

Difficulty level:  

Worksheet Overview

Remember that there are 100 p in a pound.

So if we subtract 1 p from £1 we get 99 p or £0.99

 

Example

Subtract 253 p 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.

 

Subtraction with money

 

The answer must be written with a £ sign, so the answer is    £7.47

 

 

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