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Solving money problems | Year 4 Mathematics PDF Download

Understanding Problem Solving and RUCSAC Method

  • Definition of Problem Solving: Problem solving involves applying your knowledge of money to real-world situations.
  • Using RUCSAC for Word Problems:
    • READ: Carefully read the question to understand it.
    • UNDERLINE and UNDERSTAND: Identify and comprehend key words in the problem.
    • CHOOSE: Select the correct operation (-, x, ÷) and method to solve the problem.
    • SOLVE: Work through the problem to find the solution.
    • ANSWER: Provide the answer to the question.
    • CHECK: Verify your calculations and reasoning.

Application of RUCSAC Method

Let's delve into some examples to illustrate how the RUCSAC method can be applied:

Example 1: A cake costs £2.10. How much do 5 cakes cost?
Solving money problems | Year 4 MathematicsSol: 

  • READ
    Read the question again and make sure you understand it.
  • UNDERLINE
    Now highlight the important information:
    A cake costs £2.10. How much do 5 cakes cost?
  • CHOOSE
    This question is asking you what 5 lots of £2.10 is, so the operation to choose is multiplication.
    Solving money problems | Year 4 Mathematics
  • SOLVE
    Turn the pounds into pence first so it’s easier to multiply.
    £2.10 = 210p
  • ANSWER
    Turn the pence back into pounds.
    1050p = £10.50
  • CHECK
    Always check your working out!

Example 2: Charlotte saved £18.45 of the money she got for her birthday and £11.53 of the money she earned from babysitting her brother. How much money has she saved altogether?
Sol: 

  • READ
    Have you read the question carefully?
  • UNDERLINE and UNDERSTAND
    Underline or highlight the important information. Do you know what the problem is asking?
    Charlotte saved £18.45 of the money she got for her birthday and £11.53 she earned from babysitting her brother. How much money has she saved altogether?
  • CHOOSE
    'Altogether' tells us that we need to add the amounts together.
  • SOLVE
    You can use the column method to work out this sum.
    Solving money problems | Year 4 MathematicsSo £18.45 + £ 11.53 = £29.98
  • ANSWER
    You’ve worked out how much Charlotte saved altogether so you have answered the question.
  • CHECK
    Double check that you have added up the numbers correctly and the decimal points are in the correct position. Make sure you have used the pound sign.
The document Solving money problems | Year 4 Mathematics is a part of the Year 4 Course Year 4 Mathematics.
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FAQs on Solving money problems - Year 4 Mathematics

1. What are some common money problems faced by UK schools?
Ans. Some common money problems faced by UK schools include budget cuts, insufficient funding for resources and equipment, rising costs of utilities and maintenance, and limited funds for extracurricular activities and staff development.
2. How do budget cuts impact UK schools?
Ans. Budget cuts can lead to a reduction in resources, staff layoffs, larger class sizes, limited extracurricular opportunities, and a decrease in the overall quality of education provided by UK schools.
3. What strategies can UK schools implement to address money problems?
Ans. UK schools can implement strategies such as fundraising events, seeking grants and sponsorships, optimizing resource allocation, exploring partnerships with local businesses, and engaging in cost-saving measures to address money problems.
4. How can insufficient funding for resources affect students' learning experience in UK schools?
Ans. Insufficient funding for resources can result in outdated textbooks, limited access to technology, inadequate classroom supplies, and a lack of extracurricular opportunities, all of which can negatively impact students' learning experience in UK schools.
5. What are some long-term solutions for addressing money problems in UK schools?
Ans. Long-term solutions for addressing money problems in UK schools may include advocating for increased government funding, establishing sustainable fundraising strategies, conducting regular financial audits, and fostering community support for the school's financial needs.
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