Idea 9of 23Builds onCount up to make change
Cash rounds to 5 cents
With no pennies, how do you pay $1.03 in cash?
Today you'll discover
- which amounts cash can pay
- how to round a total to 5 cents
- why a card pays exactly
Think firstThree totals: $1.02, $1.03 and $1.08
Canada has no pennies. Paying cash, what do you pay for a total of $1.03?
Decide first, then press Next. Find the nearest tall mark to each dot.
A number line from $1.00 to $1.10, one tick per cent, with dots above it at $1.02, $1.03 and $1.08. The marks at $1.00, $1.05 and $1.10 are made tall, then arrows carry each dot to its nearest tall mark: $1.02 to $1.00, $1.03 to $1.05, $1.08 to $1.10. Under the line: cash pays the rounded amounts, a card pays exactly. The last step shows a total of $4.97.
See the whole ideathe big idea and the key word, in one place
The big idea
Paying cash, round the total to the nearest 5 cents; a card pays the exact amount.
The last digitLast digit 1 or 2: down to 0. 3 or 4: up to 5. 6 or 7: down to 5. 8 or 9: up to 10.
Easy to get wrongRounding is only for cash. Paying by debit, credit or online, you pay the total to the cent.
Key word
- cash rounding
- rounding a total paid in cash to the nearest 5 cents, because Canada has no pennies
Ready to use it?
- Round a cash total to the nearest 5 cents.
- Say what a card would pay instead.