Shopping ( money)

Lesson Notes: Shopping and Money

Topic: Shopping (Money) Subject: Mathematics Class: Basic 3 Curriculum: Hybrid

I. Introduction to Shopping

• Shopping is the act of buying things we need or want from a store or market.
• When we go shopping, we need something to pay for the things we want to buy.

II. Meaning of Money

• Money is a medium of exchange that we use to buy things we need or want.
• Money can be in the form of cash (notes and coins) or digital (online payments).

III. What is Money Used For?

• Money is used to buy things we need, such as food, clothes, and shelter.
• Money is also used to buy things we want, such as toys, games, and treats.
• We can use money to pay for services, such as transportation, healthcare, and education.

IV. Conversion of Money

• Money comes in different denominations, such as:
  • Naira (N): 1, 5, 10, 20, 50, 100, 200, 500, 1000
  • Coins: 1 kobo, 5 kobo, 10 kobo, 25 kobo, 50 kobo, 1 N
• We can convert money from one denomination to another, for example:
  • 10 N = 10 x 1 N
  • 50 kobo = 0.50 N

V. Addition and Subtraction of Money

• We can add money together to find the total amount, for example:
  • 5 N + 3 N = 8 N
  • 2 N + 1 N = 3 N
• We can subtract money to find the remaining amount, for example:
  • 10 N - 3 N = 7 N
  • 5 N - 2 N = 3 N

VI. Conclusion

• Shopping and money are important parts of our daily lives.
• Understanding the meaning and use of money, as well as how to convert and calculate money, is essential for making smart financial decisions.

Note: Learners are expected to practice converting and calculating money using different denominations and scenarios.