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Solving Problems - Money (Year 4)
Adam spent one quarter of his savings on a game. If his savings were £16, the game was £4.

Solving Problems - Money (Year 4)

Learning about money is part of KS2 Maths in Year Four. You'll solve problems like turning pounds into pence and adding different types of coins. It's like Year Three, but with bigger numbers!

Money problems are like puzzles that test your adding and subtracting skills. You add to know how much things cost and subtract to get the right change. Quick maths helps in everyday life - imagine getting the wrong change!

Try this quiz to see how good you are at solving real-life money puzzles.

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1 .
Mum gave me £3 of my £12 birthday money. What fraction of my birthday money did mum give me?
14
13
12
15
To work this one out you must divide £12 by £3 which gives the answer 4
2 .
Asif buys a book for £3.50 and a bookmark for 75p. If he pays with a £5 note how much change will he have?
75p
£1.50
£1.75
£3.75
To solve this problem, first you need to find the total spent (£3.50 + 75p = £4.25) and then subtract from £5 (£5 - £4.25 = 75p)
3 .
Claire is saving up for a CD which costs £5.50. If she saves £1 per week how many weeks does she need to save?
5 weeks
6 weeks
7 weeks
8 weeks
After 5 weeks Claire will only have £5 which is not enough. Therefore she will have to save for one more week
4 .
Michael bought apples for £2.90, oranges for £1.50 and bananas for 80p. How much did he spend altogether?
£3.50
£4.20
£5.10
£5.20
One way to work this out is to add the pence first and then add the result to the pounds:
90p + 50p + 80p = £2.20
£2.20 + £2 + £1 + £0 = £5.20
5 .
David buys 3 footballs for £1.50 each. How much change would he have from a £20 note?
£5.50
£14.50
£15.00
£15.50
To solve this problem first you need to find the total spent (£1.50 x 3 = £4.50) and then subtract from £20 (£20 - £4.50 = £15.50)
6 .
What is 2,076p in £?
£2.07
£2.76
£20.76
£207.60
To convert pence into pounds divide by 100
To convert pounds into pence multiply by 100
7 .
Sarah bought a book for £6.50. If she paid with a £10 note how much change would she have?
£2.50
£3.50
£4.50
£5.00
When the question asks 'How much change?' this usually means a subtraction is required
8 .
Adam spent one quarter of his savings on a game. How much was the game if his savings were £16?
£3
£4
£5
£6
To find a quarter of Adam's savings you need to divide £16 by 4
9 .
How many pence is £30.04?
304p
3,004p
30,040p
34p
There are 100p in every £1 so £30 = 3,000p
10 .
It costs 70p for one apple. How much would 6 apples cost?
£3.20
£4.00
£4.10
£4.20
6 x 70p = 420p or £4.20
You can find more about this topic by visiting BBC Bitesize - Solving money problems

Author:  Amanda Swift

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