6th Grade Math Textbook, Progress

Fractions with Money

8-10

A package of copier paper costs $1.50.

Leroy bought a package for 
^34 
of the cost.

How much did Leroy pay?

To determine how much Leroy paid, p,

find: 


3

4 
of $1.50p.

First estimate: 


3

4 
of $1.50 

3

4 
of $1.60

^14 
of $1.60$.40, so 
^34 
of $1.60$1.20.

Then compute.

^34 
of $1.50
^34 
$1.50

^34
of $1.50
^34

$1 1 .50

^3

4


of $1.50
^3 

4 

$1

1


.50 
$4

4

.50

^3

4


of $1.50
^3 

4 

$1

1


.50 $1.13

p$1.13

Leroy paid $1.13.

Study this example.

Divide: $8.75 1 


1

4 
d.

$8.75 1
^14

$8 1 .75

^54

$8 1 .75

^45

$1.75

$8.75 1 
^14 

$8 1 .75

^54 

$8 1 .75

^45 

$7 1 .00
$7.00

1

d$7.00

$1.125$1.13

4 
$ 4 .5 0  0 

Round to the

nearest cent.

Rename as fractions.

Multiply by the

reciprocal.

Remember: “of” means “times.”

Think

$1.13 is close to the estimate of $1.20.

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