# Money Maths: Level 2

## Test your skills and understanding with this money calculations online exercise.

##### Menu  Coins-NotesLevel 1Level 2Level 3Level 4Level 5Level 6  Help    More

This is level 2, subtracting amounts of money (giving change!). You can earn a trophy if you get at least 9 correct and you do this activity online.

 £5.58 - 14p £ £3.40 - 11p £ £4.13 - 47p £ £2.52 - 24p £ £5.29 - 11p £ £4.21 - 47p £ £30.28 - £14.41 £ £39.61 - £28.63 £ £77.66 - £58.94 £ £115.45 - £98.58 £ £53.76 - £32.99 £ £149.64 - £122.47 £
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This is Money Maths level 2. You can also try:
Level 1 Level 3 Level 4 Level 5 Level 6

 This activity is suitable for people all around the world. Use the button below to change the currency symbol used to make it more relevant to you. You may wish to choose an unfamiliar currency to extend your  experience.

## Instructions

Try your best to answer the questions above. Type your answers into the boxes provided leaving no spaces. As you work through the exercise regularly click the "check" button. If you have any wrong answers, do your best to do corrections but if there is anything you don't understand, please ask your teacher for help.

When you have got all of the questions correct you may want to print out this page and paste it into your exercise book. If you keep your work in an ePortfolio you could take a screen shot of your answers and paste that into your Maths file.

## More Activities:

Mathematicians are not the people who find Maths easy; they are the people who enjoy how mystifying, puzzling and hard it is. Are you a mathematician?

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"3 NQTs in the department, I'm new subject leader in this new academy - Starters R Great!! Lovely resource for stimulating learning and getting eveyone off to a good start. Thank you!!"

Comment recorded on the 28 May 'Starter of the Day' page by L Smith, Colwyn Bay:

"An absolutely brilliant resource. Only recently been discovered but is used daily with all my classes. It is particularly useful when things can be saved for further use. Thank you!"

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## Go Maths

Learning and understanding Mathematics, at every level, requires learner engagement. Mathematics is not a spectator sport. Sometimes traditional teaching fails to actively involve students. One way to address the problem is through the use of interactive activities and this web site provides many of those. The Go Maths page is an alphabetical list of free activities designed for students in Secondary/High school.

## Maths Map

Are you looking for something specific? An exercise to supplement the topic you are studying at school at the moment perhaps. Navigate using our Maths Map to find exercises, puzzles and Maths lesson starters grouped by topic.

## Teachers

If you found this activity useful don't forget to record it in your scheme of work or learning management system. The short URL, ready to be copied and pasted, is as follows:

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Scan the QR code below to visit the online version of this activity.

https://www.Transum.org/go/?Num=349

## Description of Levels

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Coins and Notes - Sharpen your money management skills by recognising and counting current currency coins and notes

Level 1 - Adding amounts of money

Level 2 - Subtracting amounts of money (giving change!)

Level 3 - Multiplying an amount of money by a number

Level 4 - Dividing an amount of money by a number

Level 5 - Finding a percentage of an amount of money

Level 6 - Mixed real-life questions

Answers to this exercise are available lower down this page when you are logged in to your Transum account. If you don’t yet have a Transum subscription one can be very quickly set up if you are a teacher, tutor or parent.

## Help

One of the important aspects of this quiz is typing in the answer in the correct format. When expressing amounts of money it is standard practice to include two decimal places if the answer is not a whole number of the major unit (pounds, dollars etc).

Eg., six point seven pounds would be written as £6.70 and not £6.7

For the purposes of this exercise type in a whole number of pounds without the decimal places.

Eg., twelve pounds should be written as £12 and not £12.00

Also note that the currency units have already been provided for you, you do not need to type them into the answer box

The exercises are generated from random numbers so each time you refresh the page you will get a different set of questions.

Don't wait until you have finished the exercise before you click on the 'Check' button. Click it often as you work through the questions to see if you are answering them correctly.

Answers to this exercise are available lower down this page when you are logged in to your Transum account. If you don’t yet have a Transum subscription one can be very quickly set up if you are a teacher, tutor or parent.

£1.72 + 65p

To perform this addition, first convert 65p to pounds. 65p is £0.65.

So, the calculation is £1.72 + £0.65.

Align the decimal points and add:

$\begin{array}{r} 1.72 \\ + 0.65 \\ \hline 2.37 \\ \end{array}$

Therefore, £1.72 + 65p = £2.37.

### Level 2: Subtraction

£92.51 - £70.74

Align the decimal points and subtract:

$\begin{array}{r} 92.51 \\ - 70.74 \\ \hline 21.77 \\ \end{array}$

Therefore, £92.51 - £70.74 = £21.77.

### Level 3: Multiplication

£7.29 × 5

Multiply each digit of £7.29 by 5:

$\begin{array}{r} 7.29 \\ \times 5 \\ \hline 36.45 \\ \end{array}$

Therefore, £7.29 × 5 = £36.45.

### Level 4: Division

£110.97 ÷ 9

Divide £110.97 by 9:

Perform the division step-by-step just as you do with the bus stop method:

Step 1. 110 ÷ 9 = 12 remainder 2.
Step 2. 29 ÷ 9 = 3 remainder 2.
Step 3. 27 ÷ 9 = 3.

So, £110.97 ÷ 9 = £12.33.

### Level 5: Percentage

Find 40% of £56.80

First, find 10% (one tenth) of £56.80 = £5.68.

Multiply £5.68 by 4 to find the required 40%:

$\text{Alternatively } 56.80 \times 0.40 = 22.72$

Therefore, 40% of £56.80 is £22.72.

### Level 6: Mixed Calculations

Sue pays £50 for her shopping. If her shopping costs £27.59, how much change will she receive?

Subtract the cost from the amount paid:

$50.00 - 27.59 = 22.41$

Therefore, Sue will receive £22.41 in change.

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