FS Money

Money Money Money

By Patsy McCaffrey

​The functional Skills exam will test you on your ability to change money.

• ​Convert pence to £ and vice versa

• Order money in pence and £

• Calculate real life scenarios - giving change

• Calculate the difference (subtracting money)

• Calculate bills (mobile and utility)

​REMEMBER - we do not write money as £3.85p
We do not need to put both £ and p's

​Finding the difference - Subtracting

Match

Match the following

• 35p

• £1.25

• £24.75

• 245p

• £6

£0.35

125p

2475p

£2.45

600p

• £0.35

• 125p

• 2475p

• £2.45

• 600p

Reorder

Reorder the following amount from smallest to the biggest

• 48p

• £1.28

• 560p

• £8.90

• £10

1

2

3

4

5

• 1
• 2
• 3
• 4
• 5

Multiple Choice

Sammy has £10.85

Jodie has 789p

Sammy has more money than Jodie

How much more?

Use your whiteboards to work this out.

• £2.96
• £3.04

• 2.04

• £2.86p

Multiple Choice

Paul has £12.25

Peter has 648p

Paul has more money than Peter

How much more?

Use your whiteboards to work this out.

• 6.23

• £6.23p

• 577p

• £5.66

Multiple Choice

Lara has £15.46

Christine has 584p

Lara has more money than Christine

How much more?

Use your whiteboards to work this out.

• £568

• £9.62

• £568.54

• £10.62p

Multiple Choice

Phil has £10.36

Bob has 652p

Phil has more money than Bob

How much more?

Use your whiteboards to work this out.

• £6

• £641.64

• £4.84

• £3.84

Multiple Choice

Daniel has £14.53

Mya has 868p

Daniel has more money than Mya

How much more?

Use your whiteboards to work this out.

• £5.85p

• £5.85

• £853

• £853.47

Multiple Choice

Here is a price list for a cafe

Della buys

3 bread rolls

and 1 brown loaf

How much will this cost her?

• £30.42

• £1.71

• £88.42

• £2.29

Multiple Choice

Here is a price list

Sarah buys

3 sandwiches

2 pies

3 packets of crisps

How much does this cost her?

• £16.75

• £6.65

• £224.65

• £10.80

Multiple Choice

How much will this cost her?

• £102.35

• £6.74

• £14.24p

• £14.24

Multiple Choice

Look at the price list

David buys

3 cups of coffee

1 cup of tea

4 teacakes

How much will this cost him?

• £10.04

• £386.60

• £7.55

• £10.40

Multiple Choice

• £13.16

• £7.23

• £12.21

• £12.77

​Please let me know when you have completed the questions and move on to the Transum game until everyone has finished

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Bills

​The bill tells us:
How many units we have used
and

How much each of the units cost.

​To work this out we need to multiply the number of units by the cost
Basic rate = 236 x 0.14 = 33.04
Cheap rate = 385 x 0.11 = 42.35

Next we need to add these together to find the total amount
33.04 + 42.35 = £75.39
Don't forget to include the monthly charge of £12.70 (£75.39 + £12.70)
TOTAL amount to pay is £88.09

​Notice:
Her bill also include free texts and minutes - we need to allow for these

​Calls = 145 - 90 = 55 mins (to be billed) 55 x 0.11 = £6.05
Text = 623 - 400 = 223 text (to be billed) 223 x 0.05 = £11.15
Add them together - 6.05 + 11.15 = £17.20
Don't forget the monthly charge - 18.75 + 17.20 = 35.95

Mobile phone cost = £35.95

​End of Power Point
Please now have a go at the questions on the worksheet.