Division of Money

In division of money we will learn how to divide the amounts of money by a number. We carryout division with money the same way as in decimal numbers. We put decimal point in the quotient after two places from the right.

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:

Division of Money










Hence 75 paisa ÷ 5 = 15 paisa = Re. 0.15


2. Divide Rs. 92 by 4

Solution:

Division of Money Problem






Hence Rs. 92 ÷ 4 = Rs. 23 or Rs. 23.00


3. Divide Rs. 66.00 by 4

Solution:

Division of Money Example









Hence Rs. 66 ÷ 4 = Rs. 16.50


4. Divide Rs. 38.58 by 6

Solution:

Division of Money Questions












Hence Rs. 38.58 ÷ 6 = Rs. 6.43


5. Divide Rs. 62 by 7

Solution:

Division of Money Image











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.


You can do division of money  in the same way that you divide ordinary numbers.

6. Divide Rs. 35.45 by 5

Solution:

Method I:

Divide Money

Q = Rs. 7 and 10 p = Rs. 7.10



You can write rupees and paisa in separate column and divide them separately.


Method II:

Divide Rs. 35.45 by 5

Money Division

Q = Rs. 7.10


Separate the rupees and paisa with a point.

Divide the rupee first.

Put a point after the quotient of this division.

Now divide the paisa.


7. Divide the money: Divide ₹ 48.80 by 4.

Money Long Division

Answer:  ₹ 48.80 ÷ 4 = ₹ 12.20


Word Problems on Division of Money:



8. If Ron distribute Rs. 39.60 among 6 boys, how much will each boy get?

Solution:

Division of Money Picture











Hence, each boy will get Rs. 6.60


9. An amount of Rs. 760.80 is divided equally among 6 students. How much money did each student get?

Solution: 

The amount divided = Rs. 760.80

Each student will get = Rs 760.80 ÷ 6

Division of Money

Hence, Rs. 760.80 ÷ 6 = Rs. 126.80

Each student will receive Rs. 126.80


10. A pen cost Rs. 52. If Christopher has Rs. 500, how many pens he can buy and how much money will he get back?

Solution:

Cost of one pen = Rs. 52

Maximum number of pens Christopher can buy = Rs. 500 ÷ 52.

Dividing Money

Therefore, Christopher can buy 9 pens. He gets back Rs. 32.


The above examples on division of money will help the students to practice the worksheet on dividing the amounts of money by a number.


Worksheet on Division of Money:

1. Divide the following:

(i)

           Rs.          p

        ____________

    2 | 4 6     .    8 0

        _____________


                _________


                _________

(ii)

           Rs.          p

        ____________

    3 | 3 9     .    1 2

        _____________


                _________


                _________

(iii)

           Rs.          p

        ____________

    4 | 4 8     .    4 0

        _____________


                _________


                _________

(iv)

           Rs.          p

        ____________

    2 | 2 0     .    1 0

        _____________


                _________


                _________

(v)

           Rs.          p

        ____________

    3 | 9 6     .    0 0

        _____________


                _________


                _________

(vi)

           Rs.          p

        ____________

    2 | 2 4     .    6 0

        _____________


                _________


                _________

(vii)

           Rs.          p

        ____________

    4 | 8 0     .    8 0

        _____________


                _________


                _________

(viii)

           Rs.          p

        ____________

    3 | 3 6     .    9 0

        _____________


                _________


                _________


Answers:

1. (i) Rs. 23.40

(ii) Rs. 13.04

(iii) Rs. 12.10

(iv) Rs. 10.05

(v) Rs. 32.00

(vi) Rs. 12.30

(vii) Rs. 20.20

(viii) Rs. 12.30


2. Divide the following sums in your notebook:

(i) $250 ÷ 10

(ii) $162.50 ÷ 5

(iii) $560.20 ÷ 4

(iv) $11110 ÷ 22

(v) $1682.80 ÷ 14

(vi) $1974.4 ÷ 16

(vii) Rs. 26.50 ÷ 2

(viii) Rs. 60.90 ÷ 3

(ix) Rs. 84.80 ÷ 4

(x) Rs. 35.75 ÷ 5

(xi) Rs. 66.60 ÷ 2

(xii) Rs. 63.60 ÷ 3

(xiii) Rs. 48.40 ÷ 4

(xiv) Rs. 66.00 ÷ 6


Answers:

2. (i) $25

(ii) $32.5

(iii) $140.05

(iv) $505

(v) $120.20

(vi) $123.40

(vii) Rs. 13.25

(viii) Rs. 20.30

(ix) Rs. 21.20

(x) Rs. 7.15

(xi) Rs. 33.30

(xii) Rs. 21.20

(xiii) Rs. 12.10

(xiv) Rs. 11.00


3. Find the quotient:

(i) $361.20 ÷ 8

(ii) $5266.10 ÷ 7

(iii) $825.30 ÷ 3

(iv) $1285.20 ÷ 9

(v) $488.72 ÷ 4

(vi) $7296 ÷ 16


Answers:

3. (i) $45.15

(ii) $752.30

(iii) $275.10

(iv) $142.8

(v) $122.18

(vi) $456.00

You might like these

Related Concept

Money

Writing Money in Words and Figure

Conversion of Money

Addition of Money

Subtraction of Money

Multiplication of Money





3rd Grade Math Worksheets

3rd Grade Math Lessons

From Division of Money to HOME PAGE



Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need.



New! Comments

Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.




Share this page: What’s this?

Recent Articles

  1. Volume of a Cuboid | Volume of Cuboid Formula | How to Find the Volume

    Jul 20, 25 12:58 PM

    Volume of Cuboid
    Cuboid is a solid box whose every surface is a rectangle of same area or different areas. A cuboid will have a length, breadth and height. Hence we can conclude that volume is 3 dimensional. To measur…

    Read More

  2. 5th Grade Volume | Units of Volume | Measurement of Volume|Cubic Units

    Jul 20, 25 10:22 AM

    Cubes in Cuboid
    Volume is the amount of space enclosed by an object or shape, how much 3-dimensional space (length, height, and width) it occupies. A flat shape like triangle, square and rectangle occupies surface on…

    Read More

  3. Worksheet on Area of a Square and Rectangle | Area of Squares & Rectan

    Jul 19, 25 05:00 AM

    Area and Perimeter of Square and Rectangle
    We will practice the questions given in the worksheet on area of a square and rectangle. We know the amount of surface that a plane figure covers is called its area. 1. Find the area of the square len…

    Read More

  4. Area of Rectangle Square and Triangle | Formulas| Area of Plane Shapes

    Jul 18, 25 10:38 AM

    Area of a Square of Side 1 cm
    Area of a closed plane figure is the amount of surface enclosed within its boundary. Look at the given figures. The shaded region of each figure denotes its area. The standard unit, generally used for…

    Read More

  5. What is Area in Maths? | Units to find Area | Conversion Table of Area

    Jul 17, 25 01:06 AM

    Concept of Area
    The amount of surface that a plane figure covers is called its area. It’s unit is square centimeters or square meters etc. A rectangle, a square, a triangle and a circle are all examples of closed pla…

    Read More