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Multiplication and Division of Money
Let’s learn to multiply and divide bigger amounts of money by 1-digit and 2-digit numbers
with the help of examples.
Example 7: Multiply ` 1,265 by 5. Example 8: Multiply ` 49.21 by 6.
Solution: 1 3 2 Solution: 5 1
1 2 6 5 4 9 . 2 1
× 5 × 6
6 3 2 5 2 9 5 . 2 6
Answer: ` 6,325 Answer: ` 295.26
Example 9: Multiply ` 224.30 by 15. Example 10: Multiply ` 315.75 by 23.
Solution: 1 2 1 Solution: 1 1 1
2 2 4. 3 0 1 2 1
3 1 5 . 7 5
× 1 5
× 2 3
1 1 2 1 . 5 0
1
+ 2 2 4 3 . 0 0 9 4 7 . 2 5
1
3 3 6 4 . 5 0 + 6 3 1 5 . 0 0
Answer: ` 3,364.50 7 2 6 2 . 2 5
Answer: ` 7,262.25
Example 11: Divide ` 4,638.40 by 2. Example 12: Divide ` 5,796.28 by 28.
Solution: 2319.20 Solution: 207.01
2 4638.40 28 5796.28
– 4 – 56
06 19
– 6 – 0
03 196
– 2 – 196
18 02
– 18 – 0
04 28
– 4 – 28
000 0
Answer: ` 2,319.20 Answer: ` 207.01
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