Explain and represent whole pounds and pence as a quantity of money | Starter Quiz | Oak National Academy

Which of the following are the correct notations for two pounds?

• 2£

• 2.00£

• £2

• £2.00

Answer explanation

Both of these are acceptable notations for whole pounds but it is useful to use the 2 decimal places.

How many 1 p coins are equivalent to £1.00?

Answer explanation

100 p = £1.00.

How many 10 p coins are equivalent to £1.00?

Answer explanation

10 p x 10 = 100 p = £1.00

Complete the sentence: 1 p is one __________ of £1.00

• thousandth

• hundredth

• thousandth

Answer explanation

You would need 100 x 1 p coins to make £1.00. Therefore 1 p is one hundredth of £1.00.

How many 10 p coins make £5.00?

• 5

• 50

• 500

• 5000

Answer explanation

We know that 10 x 10 p = £1.00. Multiply that by 5 and we get 50 x 10 p = 500 p = £5.00.

How many 1 p coins make £10.00?

• 10

• 100

• 1000

• 10,000

Answer explanation

We know that 100 p = £1.00. Multiply both of those numbers by 10 and we get 1000 p = £10.00