Fraction of a Dollar

Lesson Plan - Get It!

Audio:

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. 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 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.

Look at each coin below and say its value out loud.

Now, look at the chart below to see the value of each coin and its fraction of a dollar. Think about how many parts — the coin — equal a whole — dollar.

Coin	Name	Value		Fraction of a Dollar
	penny	1¢	$0.01		1
					100
	nickel	5¢	$0.05		5
					100
	dime	10¢	$0.10		10
					100
	quarter	25¢	$0.25		25
					100

Use the chart to answer these questions.

Next, work through these questions.

Great work!

Look back at Jenny, who has two quarters, and Paul, who has five dimes.

• Which friend has the most coins?

Yes! Paul has five coins.

• But who has the most money?

That's right! They have the same amount.

Review what you have learned with the following video.

Move on to the Got It? section to practice using fractions of a dollar.