# 3.4 Money notes

 Page 1 / 1

## Memorandum

• Number Concept to 1 000 (These are the minimum requirements for Grade 3.)
• Operations:
• Addition – two and three digit numbers with and without regrouping of the tens and/or hundreds.
• Subtraction – two and three digit numbers with and without regrouping of the tens and/or hundreds.
• Multiplication – two and three digit numbers with a one digit number, with or without regrouping of the tens.
• Division – two digit numbers with a one digit number with regrouping of the tens but without a remainder, e.g. 75 ÷ 5 =

(In the following module remainders with regrouping of the tens are practised again).

In Module 6 the number concept is extended to 1000 . Addition and subtraction is done with two- and three-digit numbers, with and without regrouping of tens and hundreds. Multiplication is done with two- and three-digit numbers with and without regrouping of tens. Division is done with two-digit numbers and regrouping of tens only, without a remainder in Module 6,

e.g. 75 ÷ 5 = ≤ (In the following module, the remainder will be included in regrouping.)

Learners need to know what the actual paper money looks like: R10-, R20-, R50-, R100- and R200-notes.

They must understand the values and be able to do simple calculations.

Explain what drawing to scale signifies. They will have to be able to grasp this concept very well before they will be able to calculate the lengths of the elephants’ trunks. Provide similar examples to ensure that they are able to do the exercise.

The learners need to develop a concrete image of the numerical value of 1000 .

999 + 1 completes a ten that is taken to the tens to complete 10 tens which make a hundred . The hundred is taken to the hundreds to complete 10 hundreds . These make a group of a thousand which has to be taken to the thousands .

1000: the 1 represents 1 group of a thousand and the 3 noughts are the placeholders for the hundreds, tens and units.

Once the learners have completed the number block, it must be used for many counting exercises in tens and hundreds, counting forwards and backwards.

If learners are still struggling to master doubling and halving, they should be encouraged to use the "cloud" to assist the thinking process.

First work orally with similar examples using letter values, before allowing the learners to do the worksheet.

Multiplication with three-digit numbers, with regrouping of the tens, must first be practised orally and in the concrete.

Let the learners count in 9’s before asking them to write it.

Help them to realise that it is easier to start by adding 10 and subtracting 1 than it is to add 9. The opposite is done when 9 is subtracted: take away 10 and add 1. Let them use counters.

If 10c and 1c pieces are used to explain the idea of regrouping tens during division, the learners will be helped to grasp that the tens have to be broken up a nd regrouped with the ones before it can be shared out. (Play money could be used.)

The learners may need much practice before they will have enough skill to complete the worksheet.

It might help them to draw the diagrams.

The decision to make use of carried numbers is left to the educator.

First supply paper shapes for dividing into tens, so that the learners may discover for themselves that tenths , like thirds and fifths, have to be calculated and measured. It is not simply a matter of folding and folding again as in the case of a ½ and a ¼ .

Guide them to discover that they, by first obtaining fifths , can divide each fifth down the middle to obtain tenths .

Discuss symmetrical shapes with the learners. Let them identify symmetrical objects in the classroom. They should complete the drawing after this exercise.

## Activity: money notes [lo 1.6]

• Bonny and Tommy each paid an entry fee of R10. Dad and Mom each paid R20. How much did they pay altogether?

They paid R_______ .

• Dad paid with a R200-note. How much change did he get?

He got R________ change.

• Do you know what all the money notes look like? Which animals are on each of these notes?

R10 _________________________________________________________________

R20 _________________________________________________________________

R50 _________________________________________________________________

R100 ________________________________________________________________

R200 ________________________________________________________________

• For which notes could I exchange the following?

Complete:

4 R20-notes are R______

3 R50-notes are R______

9 R10-notes are R______

10 R100-note are R______

______ R10-notes are R90

______ R100-notes are R500

______ R200-notes are R600

______ R50-notes are R400

• Count the money in the till at the zoo:

The entrance fee at the zoo has been increased to R25 for an adult and R15 for a child. Give the total cost for:

6 adults and 4 children: R_______ + R_______ = R_______

4 adults and 1 0 children: R_______ + R_______ = R_______

1 0 adults and 8 children: R_______ + R_______ = R_______

• Use any method to see if you can help me with this problem. Twelve people visited the zoo. They paid R260 in all. How many of them were adults and how many were children?

## Assessment

Learning Outcome 1: The learner will be able to recognise, describe and represent numbers and their relationships, and to count, estimate, calculate and check with competence and confidence in solving problems.

Assessment Standard 1.6: We know this when the learner solves money problems involving totals and change in rands and cents, including converting between rands and cents.

wat improvement do economic has with our life
it help us how to use our limited resources to satisfy our unlimited wants
Pagnol
Economics is the social Science in which we study how scarce resources are allocated for the betterment of human being.
what is equilibrium point
where price and quantity demanded meet
Pagnol
is the point where price an quantity demanded meet
Aminata
why do consumer demand curve tend to move downward slope
Aminata
What is monopoly
what is economics
economics us behavior. Of people, nations, markets etc. It has much to do with reactions. watch MSNBC. Bloomberg. everyday they talk about how the markets react to an piece of news, legislation, interest rates etc. Interesting volatile stuff
TOM
but, it also react with science
ezhilarasan
economic is a science with study's the behavior of people,market and price
Bertilla
it's a science which study the behavior of people ,market n price
Bertilla
What is opportunity cost?
Junior
opp. cost~a benefit, profit or value of something that must be given up to acquire or achieve something else
Kim
or something that you foregone
Kim
who is the father of economic
shaikh
Bilal
Nazifi
what is backward bend
It's a curve that reverses direction
Good evening friends
Kojo
Evening
evening
Emmanuel
hi
Lawrence
Any Nigerian lady to meet here Well on eco ground
Suleiman
Good morning ooo I hope everyone is fine
Kojo
hello
James
yeah
Kojo
how?
Kojo
how time
James
cool
Kojo
Ok
James
Good morning
Junior
morning all
Emeka
Morning
😶g
Maaz
moaz taha u r egyptian aren't u ?
Marwa
marwa no
Maaz
how economic effect the Market
Abdikarem
what is the difference between statistic and statistics?
Shafiu
it can can be described as when the demand is insufficient
high Dublin divino through Higginbotham
How does exchange rate affect the demand and supply?
austine
You mean demand and supply of currency ?
Jahangir
Hello
Hann
Hi
Jahangir
Am debby
Hann
am jahangir
Jahangir
how are you
Ogunsola
I am All fine Wbu ?
Jahangir
doing great
Ogunsola
Hw r u all
Mudassar
Am gud
Hann
Gd
Mudassar
Ogunsola
are you help for your country of economy leavel
Mutha
hi
Hammed
Hello
Assan
hi
Pranshi
Hello
Kamal
hi
Pranshi
hi
Abbas
hi
Abdirazak
ki sah botine
Neyshawn
hi
Nasir
Hello Economist
Nasir
hello
Victor
Hie... may anyone give me examples of countries that successfully implemented import substitution industrialisation.
Thabo
Nigeria
Junior
hey I'm emma from Uganda
niwagaba
Hello
Abraham
What is the difference between Demand and Quantity Demanded?
Weedh
Demand refers to how much a product is desired by buyer mean while quantity demanded refers to the amount of product a buyer is willing to buy at a certain price.
Junior
Good evening
Evening
Junior
evening
Ogunsola
someone wat is d textbook to read for banking and finance course
ayomide
Evening
Anjorin
Hw r u doing
Faku
yh
Benj
I'm good, u?
Anjorin
demand is the various quantity of goods or services a consumer is Willing and able to buy at a particular price over s given period of time while quantity demanded is the amount of goods or services being paid for
Florence
Good
Awudu
1.it allows producers to learn and invent 2.it allows agent to take advantage of economic scale 3.it allow agents to focus in areas of
can someone explain the motive of money to me?
ask the question you don't know
ojo
opportunity cost
Sylvo
the motive of money is to pay for goods or services. it's also for transaction purposes bet it ordinary or unforseen
Silke
Money helps to reduce our scarcity problems. It can satisfy your wants to an extent
Okwori
transactive motive
Aminata
money help as a store of value for future uses
Pagnol
it also serve as a medium of exchange
Pagnol
How dose economics use science methods to explains it problems
according to Jhon Robinson the main problem of economics is what to produce? how to produce? whom to produce? economics tries to solve these problem scientifically by using its theories which are scientific in nature,basically micro and macro theories which just explain what the problem is...
Lavkesh
and now the solving techinique is also changed. only theories or its matematical +statistical version is not sufficient so the economist had developed Econometrics which includes economic theory+mathematical economics+statistics, for solving economic problem. This method treats economics as a pure
Lavkesh
..pure science so this technique is based on pure scientific methods.
Lavkesh
Economics is the scientific study of human behavior so there for science is used to solve economics problems using economics theories
Florence
economic is not higly subject of taminadu ...
Mutha
measurement of elasticity of demand
Price elasticity of demand= Percentage change in quantity demanded/ Percentage change in price
Jale
For example, suppose that a 10 percent increase in the price of an ice-cream cone causes the amount of ice cream you buy to fall by 20 percent. We calculate your elasticity of demand as
Jale
Price elasticity of demand =20 percent /10 percent = 2
Jale
In this example, the elasticity is 2, reflecting that the change in the quantity demanded is proportionately twice as large as the change in the price.
Jale
what is economic
economics is a social science that studies the relationship of human behavior between ends and scare...
Lawrence
Why is economics as a subject is so important to human being?
austine
it's significant in study of managing available resources to satisfy human needs and wants
mohamed
economics is the science of wealth
Aamir
it is also said that it is the science of scarcity
Aamir
why study economic
Neo
Economic helps to meet our needs and wants nd to make choices.
Abraham
careers or jobs associated with economics
Neo
Economics is more than choices, scarcity, resources etc. It has a lot to do with psychology, social psychology. Understand motivation for consumer decisons.
TOM
okey
Neo
I what to study economic understand education what subject will I take in my jamb
DIRIOHA
English.mathematics.economics and one other social science subject
Ogunsola
economic is life start to end
Mutha
Plz help in lectures job for economics
Mudassar
acc to robbin . "Economics is a science that studies human behaviour as a relationship between scarce means and ends which have alternative uses"
Jahangir
Economics is important to man "human wants are insatiable
Hann
pleas explain circular flow of income
Eagle
what is economic growth
Samuel
Economic growth is an increase in the real output leading to a growth or a rise in the nations gdp.
Charles
Economics is the study of wealth or money and it's an economic activity which has almost three terms divided into them, production consumption and Distribution of wealth.
Zahid
Economics is the study of wealth or money and it's an economic activity which has almost three terms divided into them, production consumption and Distribution of goods and services.
Zahid
plz what is econometrix
saheed
Econometrics is the Mathematical/Statistical Representation of economic systems we analyze theoretically and empirically
Jason
Econometrics is the statistical application to the empirical estimation of economic relationship
How does commercial banks create credit
While the American heart association suggests that meditation might be used in conjunction with more traditional treatments as a way to manage hypertension
Got questions? Join the online conversation and get instant answers!