Money Calculations Flashcards

All 2 cards in this deck

True or false? An answer of £4.5 should be written as £4.05.

False. It is £4.50 — money in pounds is written with two decimal places.

What are the steps to work out change from a note?

e.g. buy 2 cakes at £1.30 each, pay with £5

  1. Find the total cost: 2×1.30=2 \times 1.30 = £2.602.60
  2. Subtract from the amount paid: 5−2.605 - 2.60
  3. Change == £2.402.40