Solving problems involving money is a part of KS2 Maths which continues into Year Three. The same kinds of problems as Year Two children face - conversion from pounds to pence; multiplying, adding, dividing and subtracting different amounts; adding together different types of coins; and working out the correct change - will still be set, only now they will involve higher amounts of money.
Solving money problems tests your knowledge of addition and subtraction. You need to add different amounts when working out how much things cost, and subtract when working out the correct change. Being able to add and subtract quickly and easily without a pen, paper or calculator is a useful tool when dealing with money in everyday life - you wouldn't want to be given the wrong change now would you?
Have a go at this quiz to find out how good you are at solving real life money problems.