Money : Multiplication and Division of Money Word Problems
Lesson Plan: Multiplication and Division of Money Word Problems
Subject: Mathematics
Class: Primary 4 / Basic Four
Term: Second Term
Week: 9
Age: 9–10 years
Topic: Multiplication and Division of Money Word Problems
Sub-Topic: Using Money in Real-Life Scenarios
Duration: 40 minutes
Behavioural Objectives
By the end of the lesson, pupils should be able to:
- Use whole numbers to multiply amounts of money.
- Divide amounts of money by whole numbers accurately.
- Solve real-life word problems involving multiplication and division of money.
- Apply these skills to everyday scenarios like shopping in departmental stores.
Keywords
- Multiplication
- Division
- Money
- Naira (₦)
- Budget
Set Induction
The teacher shows pupils a picture of a supermarket receipt and asks:
- “Have you ever gone shopping with your parents?”
- “Do you know how much items like rice or bread cost?”
The teacher explains that the lesson will teach how to calculate total costs and share money equally.
Entry Behaviour
Pupils have basic knowledge of addition and subtraction of money from previous lessons.
Learning Resources and Materials
- Play money (Naira notes and coins)
- Departmental store receipts
- Whiteboard and markers
- Handouts with sample word problems
Building Background/Connection to Prior Knowledge
The teacher recalls the previous lesson on Addition and Subtraction of Money. Pupils are asked to solve quick problems like:
- “If I have ₦100 and spend ₦40, how much is left?”
The teacher connects this to today’s lesson, explaining that multiplication and division are useful for situations where we need to calculate total costs or split money.
Embedded Core Skills
- Problem-solving
- Financial literacy
- Communication and collaboration
- Critical thinking
Instructional Materials
- Nigeria’s currency (real or play money)
- Worksheets with word problems
- Lagos State Scheme of Work for Primary Mathematics
Content
Definition of Multiplication and Division in Money
- Multiplication of Money:
Multiplication is repeated addition. We use it to find the total amount when we buy multiple items of the same price.
Example:
If one mango costs ₦50, the cost of 3 mangoes is:
₦50 × 3 = ₦150. - Division of Money:
Division is splitting an amount into equal parts. It helps us find how much each person gets or how many items we can buy.
Example:
If you have ₦600 and want to buy notebooks costing ₦150 each, the number of notebooks you can buy is:
₦600 ÷ ₦150 = 4 notebooks.
Examples of Multiplication and Division with Money
- If a bottle of juice costs ₦200, what is the total cost of 4 bottles?
₦200 × 4 = ₦800. - If you have ₦500 and 5 friends, how much money will each friend get if shared equally?
₦500 ÷ 5 = ₦100. - A bag of rice costs ₦25,000. How much will 3 bags cost?
₦25,000 × 3 = ₦75,000. - A trader sells apples at ₦100 each. How many apples can you buy with ₦1,000?
₦1,000 ÷ ₦100 = 10 apples. - If a family spends ₦15,000 monthly on groceries, what is their total grocery cost for 6 months?
₦15,000 × 6 = ₦90,000.
Class Activity Discussion: FAQs
- What is multiplication of money?
Multiplication of money is finding the total cost of multiple items by adding the cost repeatedly. - What is division of money?
Division of money is splitting an amount into equal parts to know how much each part gets. - Why is multiplication useful when shopping?
It helps calculate the total cost of multiple items quickly. - How can division help us in budgeting?
It shows how much money each person gets or how many items you can buy. - What does ₦150 × 4 mean?
It means you are buying 4 items, each costing ₦150. - If you have ₦1,200, how many ₦300 items can you buy?
₦1,200 ÷ ₦300 = 4 items. - What does a departmental store receipt show?
It shows the cost of items bought and the total amount spent. - If one pen costs ₦25, what is the cost of 10 pens?
₦25 × 10 = ₦250. - If a cake costs ₦1,000, how many cakes can you buy with ₦5,000?
₦5,000 ÷ ₦1,000 = 5 cakes. - Why is it important to know multiplication and division of money?
It helps in making smart financial decisions. - How do you calculate the cost of 3 ₦500 shirts?
₦500 × 3 = ₦1,500. - What is ₦800 ÷ 4?
₦200. - How can you share ₦1,000 equally among 5 people?
₦1,000 ÷ 5 = ₦200 each. - If you buy 2 pencils for ₦50 each, how much do you pay?
₦50 × 2 = ₦100. - What happens if you spend ₦700 out of ₦1,000?
₦1,000 – ₦700 = ₦300 left.
Evaluation Questions
Fill-in-the-Blank Questions (with Options)
- What is ₦200 × 5?
a) ₦500
b) ₦1,000
c) ₦1,200
d) ₦1,500
Answer: b) ₦1,000 - If one toy costs ₦250, the cost of 4 toys is ______.
a) ₦750
b) ₦1,000
c) ₦1,250
d) ₦1,500
Answer: d) ₦1,500 - ₦900 ÷ 3 equals ______.
a) ₦300
b) ₦450
c) ₦600
d) ₦700
Answer: a) ₦300 - ₦2,000 ÷ 5 = ______.
a) ₦200
b) ₦300
c) ₦400
d) ₦500
Answer: c) ₦400 - What is ₦350 × 3?
a) ₦1,000
b) ₦1,050
c) ₦1,100
d) ₦1,200
Answer: b) ₦1,050 - ₦4,500 ÷ 9 = ______.
a) ₦400
b) ₦450
c) ₦500
d) ₦550
Answer: b) ₦450
(Include 9 more similar questions.)
Lesson Presentation
- Introduction: The teacher revises the previous topic (addition and subtraction of money).
- Presentation: The teacher introduces multiplication and division of money using Naira notes and departmental store receipts.
- Teacher’s Activities:
- Explains concepts with real-life examples.
- Guides pupils through practice problems.
- Learners’ Activities:
- Solve examples and exercises independently.
- Ask questions for clarification.
Conclusion
The teacher goes around to mark pupils’ work and provides corrections. Pupils are reminded of the importance of multiplication and division in real-life situations like shopping and budgeting.
