
Money Matters: Decimals and Place Value
Year 3 Mathematics Understanding pounds and pence Exploring decimal notation

What is Money Made Of?
Pounds (£) - whole numbers Pence (p) - parts of a pound 100 pence = 1 pound We use decimal points to separate them

Coin Detective Challenge
Look at each coin carefully Say the coin name out loud Tell us its value in pence Now write it as a decimal with £

From Pence to Pounds - The Decimal Way
50p = £0.50 (50 hundredths) 20p = £0.20 (20 hundredths) 5p = £0.05 (5 hundredths) The decimal point separates pounds from pence

Pounds and Pence Practice
{"left":"£1.30 = 1 pound and 30 pence\n£0.75 = 0 pounds and 75 pence","right":"£2.05 = 2 pounds and 5 pence\n£0.10 = 0 pounds and 10 pence"}

Quick Think!
If you have 3 coins: 50p + 20p + 10p What is the total amount? How do you write it as a decimal?

Create Your Own Money Problems
Work with a partner Create 2 money word problems Use decimal notation in your problems Challenge another pair to solve them!
Remember This!
The decimal point is like a fence - it separates pounds from pence and helps us understand the value of our money clearly.