Correct Notation
Write four pounds and sixty-two pence in the correct money notation.
£4.62
You have £10. Can you buy a book for £4.50 and a toy for £5.25?
Yes – total is £9.75
You buy a jacket for £45.50 and a hat for £12.75. What is the total cost?
£58.25
You buy sweets for £1.50 and sell them for £2.00. What’s your profit?
50p or £0.50
Name three different ways to pay for something in a shop.
Cash (coins/notes), debit/credit card, contactless payment, phone (e.g. Apple Pay), gift card, etc.
Which of these is correct: "£3.7", "£3.70", or "£3.07p"? Explain.
£3.70 is correct – always use two digits after the decimal for pounds and pence, don't use both symbols.
You have a budget of £20. You buy 2 t-shirts for £7.99 each. Do you have enough?
2 x £7.99 = £15.98 → Yes, you have £4.02 left
You pay £70 for items costing £59.40. How much change do you get?
£10.60
You sell drinks for £1.20 each. You spent £6 on ingredients and made 10 drinks. What’s your profit?
Income = 10 x £1.20 = £12 → Profit = £12 – £6 = £6
What is a contactless payment, and how is it different from chip and PIN?
Contactless lets you tap your card or phone to pay instantly without a PIN. Chip and PIN requires inserting the card and entering a code.
You write "3 pounds and 5 pence" as £3.5. Is this correct? If not, fix it.
Not correct – it should be £3.05
You have £25 to buy party supplies. You spend £7.50 on decorations, £5.20 on snacks and £11.75 on cake. How much do you have left?
£25 – £24.45 = 55p left
You buy 3 pairs of shoes at £22.99 each. What is the total cost?
£68.97
You bought crafts for £10 and sold them for £8. Did you make a profit or loss, and how much?
Loss of £2
You forget your wallet but have your phone. Can you still pay? Explain how.
Yes – if your phone has Apple Pay or Google Pay, you can use it for contactless payment.
You see an item listed as "2.6". What should it say?
£2.60 – money must be shown with a £ sign and two decimal places.
You need to budget £15 for lunch for 3 people. Meals cost £4.50 each. Do you have enough?
3 x £4.50 = £13.50 → Yes, £1.50 left
You buy a laptop for £89.99 and a mouse for £9.95. You pay with £100. How much change will you get?
Total = £89.99 + £9.95 = £99.94
Change = £100 – £99.94 = 6p
You bought 6 items at £1.50 each and sold them all for £2.00 each. What’s the total profit?
Cost = £9, Sales = £12 → Profit = £3
You are buying a £1.20 snack. Can you use a £20 note, a contactless card, or a 50p coin? Which of these would work?
£20 note ✅ (you’ll get change)
Contactless card ✅
50p coin ❌ (not enough)
→ £20 and contactless would work
You are writing prices in a budget. Which of these are correct? £0.4, £0.40, £.40, 40p.
Name the correct ones.
£0.40 and 40p are correct.
You have £30. You want to buy:
Shoes: £18.99
Bag: £12.75
Can you afford both? If not, how much over budget are you?
Total = £31.74 → No, over budget by £1.74
You spend £37.25 on groceries, £19.40 on clothes, and £18.95 on gifts. You have £100. How much money is left?
Total = £37.25 + £19.40 + £18.95 = £75.60
Leftover = £100 – £75.60 = £24.40
You run a stall. You spend £25. You sell items for a total of £18.50. What is your loss?
£6.50 loss
Give two advantages and one disadvantage of paying by card instead of cash
✔️ Advantages:
Faster and more convenient
You don’t need to carry coins or notes
❌ Disadvantage:
Can be harder to keep track of what you’ve spent