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Year 2 Money - Addition and Subtraction

Add and subtract money amounts in pounds and pence. Make £1 from 100p, regroup neatly, and check your change with quick calculations.

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Fascinating Fact:

Mind the £1 regroup. 85p + 25p = 110p = £1.10. 100p becomes £1.

In KS1 Maths, pupils add and subtract pounds and pence, swap 100p for £1, and sense check answers by estimating. These skills help with prices, totals, and giving change.

Key Terms

Pound (£): UK money unit. 1 pound equals 100 pence.
Pence (p): Small UK money unit. 50p is half of £1.
Regroup: Exchange 100p for £1 to make counting and sums easier.

Try a quick practice: Numeracy Game to boost adding, regrouping, and finding change.

Frequently Asked Questions (Click to see answers)

How many pence are in a pound for KS1?

There are 100 pence in one pound. You can swap 100p for £1 whenever it helps a calculation.

How do I add money like 85p + 25p in Year 2?

Add the pence first. 85p + 25p = 110p. Regroup 110p as £1.10. Write your answer as pounds and pence.

What is an easy way to subtract money and find change?

Count up to the next pound, then to the total. For 65p from £2, count 35p to £1, then £1 more to £2, so the change is £1.35.

Try These Related Quizzes

Question 1

I buy a hat for 92p and pay with two 50 pence coins. How much is my change?

80p

£8

50p

Two 50p coins make £1. The difference between £1 and 92p is 8p

Question 2

A chocolate bar costs 62p and a lolly costs 44p. How much do they cost altogether?

£1.60

£1.06

£1.07

£1.66

60p and 40p make £1 and 4p and 2p make 6p

Question 3

Yoghurts cost 10p. If I buy 6, how much will it cost?

£6.00

16p

60p

66p

10 x 6 = 60

Question 4

A bus ticket costs 75p and a train ticket costs £1.10. How much more does the train ticket cost than the bus ticket?

£1.00

40p

35p

30p

Counting up from the smaller amount to the larger amount helps to find the difference

Question 5

I buy a toy for 43p and pay with a 50p coin. How much change will I receive?

17p

27p

22p

The difference between 43 and 50 is 7

Question 6

Kay has the following coins: £1, 10p, 50p and 5p.
How much does she have in total?

£1.75

£1.56

£1.65

£2.00

Counting the coins up from largest value to smallest is a good way to find a total

Question 7

I have saved £1.50 and my friend has saved 60p. How much have we saved altogether?

£2.50

£2.10

£1.21

£1.75

Picturing the 60p as a 50p and a 10p might help solve the problem

Question 8

Which of the following coins add up to 40p?

20p, 20p, 20p

10p, £1, 20p

5p, 20p, 20p, 5p

10p, 5p, 10p, 5p, 10p

Counting up in 10s could be useful

Question 9

Ben has £2 to spend. He buys a sweet costing 45p and a toy costing 50p. How much does he have left?

£1.50

50p

£1.05

This is a two step problem - find the total first before working out the amount left

Question 10

Amy wants to buy an apple costing 20p. She has 12p. How much more does she need?

32p

12p

18p

The difference between 12p and 20p is 8p

You can find more about this topic by visiting BBC Bitesize - How to give change

Author: Angela Smith (Primary School Teacher & KS1 Quiz Writer)

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