Place Value Shifts: Real-world Applications in Business & Finance
Mathematics
GCSE Higher
12 questions
~24 mins
1 views0 downloads
About This Worksheet
This worksheet explores place value shifts through real-world business and finance scenarios, focusing on dividing decimals by 10, 100, and 1000. It enhances procedural mastery and problem-solving skills for GCSE Higher students.
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Place Value Shifts: Real-world Applications in Business & Finance
Subject: MathematicsGrade: GCSE Higher
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Untitled Worksheet
Grade GCSE Higher
A
Fluency & Practice
Perform the calculations and show your working in the grid spaces.
1.
Divide 7.56 by 10 and write the result.
[2 marks]2.
Divide 0.945 by 100 and record the answer.
[2 marks]3.
Calculate 12.3 divided by 1000.
[2 marks]4.
What is 0.056 divided by 10? Show your working.
[3 marks]B
Problem Solving & Reasoning
Work through the multi-step problems and explain your reasoning.
1.
A business reduces a product price from £12.50 to a price after dividing by 100. What is the new price? Explain the place value shift involved.
[4 marks]2.
A company's revenue is £5,750. They report this figure in thousands of pounds. Write the amount in full pounds and explain the division by 1000.
[4 marks]C
Real-world Applications
Solve the contextual problems related to business & finance scenarios.
1.
A retailer’s profit margin is £2.35 per item. If they sell 480 items, what is the total profit? Show your working, then divide the total profit by 100.
[4 marks]2.
A financial report states a debt of €9,250. If the report presents figures in thousands, what is the actual debt? Explain the division process.
[4 marks]D
Challenge & Extension
Attempt these advanced problems to deepen your understanding.
1.
A company’s revenue is £123,456. Divide this figure by 10, then by 100, and explain how the decimal point shifts each time.
[4 marks]2.
A financial analyst states that dividing a sum of €0.9876 by 1000 gives €0.0009876. Is this correct? Justify your answer.
[4 marks]E
Mixed Review
Answer these varied questions to review your understanding.
1.
Divide 0.888 by 10, then by 100, and by 1000. Record each result and describe the decimal shifts.
[3 marks]2.
Identify and correct the mistake: dividing 6.789 by 10 results in 0.6789. Is it correct? Why or why not?
[2 marks]Quick Actions
What is Remix?
Create a new worksheet based on this one. Change the grade level, topic, number of questions, or difficulty - then generate a fresh version.
- • Change grade level (Grade 6 → Grade 7)
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Details
- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet