Lesson Plan - Get It!
Jenny has two quarters and Paul has five dimes. Who has more coins? Who has more money?
When writing amounts of money, two forms can be used: cents and dollars.
- To write cents, use a cent sign and do not use a decimal point with it. A quarter is worth 25 cents, or 25¢.
- To write dollars, use a decimal point and dollar sign, $1.00. A decimal point is also used to show fractions of a dollar. A fraction is part of a whole, so "a fraction of a dollar" is a part of a dollar. A quarter, or $0.25, means “twenty-five hundredths of a dollar,” which is a fraction of a dollar equal to 25 cents.
Discuss with a parent or teacher the name and value of each coin below:
Now that you have discussed the name and value of each coin, let’s look at what “fraction of a dollar” each coin is. Think about how many parts equal a whole. In this case, the parts are the coins and the whole is the dollar:
|Name of Coin
||"Fraction of a Dollar"
Discuss with a parent or teacher:
- How many pennies equal a dollar?
- How many nickels equal a dollar?
- How many dimes equal a dollar?
- How many quarters equal a dollar?
Now use the table above to work through the examples below:
A penny is what fraction of a dollar?
Since 100 pennies equals one dollar, then one penny is 1/100 of a dollar.
A dime is what fraction of a dollar?
Since ten dimes equals one dollar, then one dime is 1/10 of a dollar.
Three quarters are what fraction of a dollar?
Four quarters equal a dollar, so each quarter is ¼ of a dollar. Three quarters would be ¼ + ¼ + ¼ , or ¾ of a dollar.
Watch this short explanation on Fractions of a Dollar (Quarters):
Discuss with a parent or teacher how many quarters would make a dollar.
- How many pennies make up a dollar?
- How do you determine "the fraction of a dollar" that a certain coin is?
Now, you will move on to the Got It? section to complete interactive practice with fractions of a dollar.