Tanzania Currency-Mathematics STD 4

Tanzania Currency-Mathematics STD 4

MONEY

Money is used for buying and selling things. Tanzania currency is in two forms; coins, and notes

EXERCISE

1. Change the following shillings into cents
   1. 15 shillings
   2. 6 shillings
   3. 40 shillings
   4. 9 shillings
   5. 3 shillings
2. Change the following cents into sh and ct.
   1. 970 cents
   2. 620 cents
   3. 400 cents
   4. 250 cents
   5. 143 cents
   6. 120 cents
   7. 990 cents
   8. 593 cehts
   9. 700 cents
   10. 315 cents

ADDITION OF MONEY

SUBRACTION OF MONEY

EXERCISE

MULTIPLICATION OFMONEY

EXERCISE

HOW TO CALCULATE CHANGE (BALANCE)

Example

1. Dorcas had a note of ten thousand shillings and she bought lkg of sugar at sh 1, 800. What was her change?

Her change was sh 8,200

2. Alice was given five thousand shillings not by her father. She bought the following 1 kg of salt at sh. 2,000

3. A pair of socks at sh 500 An exercise book at sh 500 What was her change?

Solution

 In order to calculate the change, calculate the total expenses slie spent.

Sh

Change (balance) = 5,000 -3, 000 = 2, 000 sh.

EXERCISE

1. A boy gave a shopkeeper 10, 000 shillings not for an exercise book. Costing sh 8,500. How much balance did he receive?

2. Juma had sh 1, 000. He bought an orange for sh 150, and mango for sh 300. What was his change?

CALCULATION OF PROFIT MADE, BUYING AND SELLING PRICE

The following should be well known:

1. Profit made = selling price – buying price
2. Loss made = buying price – selling price
3. Buying price = selling price +loss made
4. Selling price = buying price – loss made OR
5. Selling price = Buying price + profit made
6. If the selling price is greater than buying price, the business has made profit (profit made)
7. If the buying price is greater than the selling price, the business has made loss. (loss made)

SELF EVALUATION

Solve the following problems

1. Shigela bought a TV set sh 18,000 and sold at sh 20,000.
   1. Did he make profit or loss? Why?
   2. Calculate the profit or loss made
2. Jonathan sold a bag for sh. 30,000 and made a profit of sh 5,000. What was the actual buying (cost) of the bag?
3. After buying a shirt for sh 35, 000, a men sold it at sh 19,000
4. Did a man make profit or loss?
5. Calculate the profit or loss made?
6. A goat was bought at sh 90,000 and sold at a profit of sh 8,000. What was it selling price?
7. A cupboard was bought at 95,000. It was sold at a loss of sh. 38,000. What was the selling price of the cupboard?