Beginner *
Answers: Money – making the world go round?
Task 1
1
Denomination
£2
£1
50 pence
20 pence
10 pence
5 pence
2 pence
1 penny
Total
Number of coins
(millions)
345
1474
845
2473
1651
3774
6664
11 215
28 441
Value
(£millions)
690
1474
422.5
494.6
165.1
188.7
133.28
112.15
3680.33
Rounded value
(£millions)
690
1474
423
495
165
189
133
112
3681
2
3
New GCSE Maths Functional Skills
© HarperCollinsPublishers 2010
Beginner *
4
The bar charts are almost reversed; the first shows that there are many more coins of smaller
denominations, but the second shows that the value of the larger denominations is much
greater than the smaller denominations.
Task 2
1
1474 million  9.5 g = 14 003 million g = 14 003 tonnes
2
9802 tonnes of copper, 3431 tonnes of zinc and 770 tonnes of nickel.
Task 3
1
36.85 million
2
£200
3
£18
4
New GCSE Maths Functional Skills
© HarperCollinsPublishers 2010
Beginner *
Task 4
1
2250 cm or 22.5 m
2
5062.5 cm2
3
4000 cm2
4
79%
5
3.86 cm
6
3860 cm or 38.6 m
7
14 899.6 cm2
8
11 700 cm2
9
78.5% – almost the same as in question 4
New GCSE Maths Functional Skills
© HarperCollinsPublishers 2010
Beginner *
Task 5
1
The reverse of the £1 coin goes through a five-year cycle, depicting the Royal Coat of Arms
one year, then in successive years images based on Scotland, Wales, Northern Ireland and
England.
Royal designs
Themed designs
Theme
Scotland
Wales
Northern
Ireland
England
1983: Royal coat
of arms
Plants
1984: Thistle
1985: Leek
1986: Flax
1987: Oak
1988: Crown
over royal shield
Plants
1989: Thistle
1990: Leek
1991: Flax
1992: Oak
1993: Royal coat
of arms
Regional
symbols
1994: Lion
Rampant
1995: Welsh
dragon
1996: Celtic
cross
1997: The
three lions
1998: Royal coat
of arms
Regional
symbols
1999: Lion
Rampant
2000: Welsh
dragon
2001: Celtic
cross
2002: The
three lions
2003: Royal coat
of arms
Bridges
2004: Forth
Railway Bridge
2005: Menai
Suspension
Bridge
2006:
MacNeill's
Egyptian Arch
2007:
Gateshead
Millennium
Bridge
The 2008 coins showed the royal coat of arms and in 2010 there were two designs minted, one
showing the City of London coat of arms and the other the Belfast coat of arms.
All the designs can be found at the website listed above.
2
Apart from the undated 20p coin in the text, the other main rarity is the 1983 2p coin with the
words ‘NEW PENCE’ on it. All 2p coins struck between 1971 and 1981 included the words
‘NEW PENCE’ as part of their reverse. In 1982 and in subsequent years the words ‘NEW
PENCE’ were replaced with the word ‘PENCE’. However, in 1983 a small number of 2p coins
were mistakenly struck with the wording ‘NEW PENCE’ on the reverse. These coins were
produced to ‘brilliant uncirculated’ quality – a standard higher than ordinary circulating coins –
and were included in special sets intended for collectors.
Its value might be higher than the face value of 2p, but certainly not as valuable as the undated
20p.
Students could start their search on a reputable auction website, making sure that they look for
coins that someone has bid on to indicate that someone is prepared to buy the item for sale.
New GCSE Maths Functional Skills
© HarperCollinsPublishers 2010