Division of Money
In division of moneywe will learn how to divide the amounts of money by a number. The process of division of money is performed as the ordinary division of a number.
Worked-out examples on division of money by a number:
1. Divide 75 paisa by 5
Solution:
Hence 75 paisa ÷ 5 = 15 paisa = Re. 0.15
2. Divide Rs. 92 by 4
Solution:
Hence Rs. 92 ÷ 4 = Rs. 23 or Rs. 23.00
3. Divide Rs. 66.00 by 4
Solution:
Hence Rs. 66 ÷ 4 = Rs. 16.50
4. Divide Rs. 38.58 by 6
Solution:
Hence Rs. 38.58 ÷ 6 = Rs. 6.43
5. Divide Rs. 62 by 7
Solution:
Hence, on dividing Rs. 62 by 7 we get the quotient is Rs. 8.85 and the remainder is Re. 0.05 or 5 paisa.
6. If Ron distribute Rs. 39.60 among 6 boys, how much will each boy get?
Solution:
Hence, each boy will get Rs. 6.60
The above examples on division of money will help the students to practice the worksheet on dividing the amounts of money by a number.
Related Concept
● Money
● Writing Money in Words and Figure
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