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A cinema ticket costs £3.60 and a bucket of popcorn is £2.50. Five children went to the cinema and shared 3 buckets of popcorn. In total they spent £25.50.

Solving Problems - Money (Year 6)

Money problems in KS2 Maths teach you to handle real-world challenges, like managing savings, comparing prices, and planning how to spend or save wisely.

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Fascinating Fact:

Bank accounts and savings use percentages to calculate interest, which shows how your money can grow.

In KS2 Maths, pupils build confidence in solving money-based problems by learning to add, subtract, multiply, and divide with decimals and percentages. Understanding how interest, budgeting, and value work helps prepare children for real financial decisions, such as saving or spending responsibly.

Key Terms

Interest: The extra money earned or paid when saving or borrowing money.
Percentage: A way of expressing a number as a fraction of 100, used often in finance.
Value: The worth or cost of something, shown in pounds and pence.

Frequently Asked Questions (Click to see answers)

How do percentages work in money problems?

Percentages show parts of 100 and are used in money problems to calculate discounts, savings, and interest on bank accounts.

What is interest on savings?

Interest is the extra money your bank pays you for keeping money in your account, helping your savings grow over time.

Why is learning about money important in KS2 Maths?

Learning about money helps children make sensible choices, understand prices, compare deals, and manage real-life finances in the future.

Try These Related Quizzes

1 .

What is the cost of 15 balloons at 23p each?

£2.30

£3.45

£4.45

£4.55

To work out 15 x 23 you could work out 10 x 23 and 5 x 23 and add the two together:
10 x 23p = £2.30 and 5 x 23p = £1.15
£2.30 + £1.15 = £3.45

2 .

A coat costs £36 in a half price sale. How much did the coat cost before the sale?

£18

£45

£54

£72

36 x 2 = 72 so the coat must have cost £72 before the sale

3 .

A cinema ticket costs £3.60 and a bucket of popcorn is £2.50. Five children went to the cinema and shared 3 buckets of popcorn. How much did they spend altogether?

£25.00

£25.50

£35.00

£35.50

To express this as a number sentence would be (3.60 x 5) + (2.50 x 3)

4 .

There is 10% discount off a table usually costing £240. How much is the table after the discount?

£24

£216

£220

£230

To calculate 10% divide by 10

5 .

Ali bought some cheese for £3.76, a chicken for £5.30 and a pan for £16. How much change did he have from £50?

£24.94

£25.00

£25.06

£25.94

£3.76 + £5.30 + £16 = £25.06 which is £4.94 less than £30. £30 is £20 less than £50

6 .

There are 1.18 Euros to £1. A car costs 11,800 Euro. How much is the car in pounds?

£100

£1,000

£10,000

£100,000

To calculate divide 11,800 by 1.18

7 .

An estate agent’s fee for selling a house is 10%. How much is the fee for a house sold for £75,000?

£7.50

£75

£750

£7,500

Remember that 10% is the same as one tenth

8 .

The total cost of 10 burgers is £16. How much does one burger cost?

16p

£1.50

£1.60

£2

To divide £16 by 10 just move the decimal point one place to the left:
£16.00 ÷ 10 = £1.60

9 .

Peter has saved £23.78. He spends £15.29. How much does he have left?

£7.39

£7.49

£8.39

£8.49

To do this you could take away first the pence units, then pence tens, then pound units then pound tens:
£23.78 - 9p = £23.69
£23.69 - 20p = £23.49
£23.49 - £5 = £18.49
£18.49 - £10 = £8.49

10 .

What is the total of £210, £15, £5.65 and £1.25?

£230.90

£231.00

£231.50

£231.90

One way to work this out is to add the pence first: 65p + 25p = 90p
Next add the units of pounds: £0 + £5 + £5 + £1 = £11
Then add the tens of pounds: £10 + £10 = £20
Then add all of these to the hundreds of pounds: £200 + £20 + £11 + 90p = £231.90

You can find more about this topic by visiting BBC Bitesize - Solving money problems

Author: Amanda Swift (Primary School Teacher & Educational Content Developer)