Making Change Word Problems

Front

What is the formula to calculate change received after a purchase?

Back

Change = Amount Paid - Total Cost of Items

Front

If an item costs $5.75 and you pay with a $10 bill, how much change do you receive?

Back

$4.25

Front

What is the total cost if you buy 3 items priced at $2.50, $3.00, and $4.25?

Back

Total Cost = $2.50 + $3.00 + $4.25 = $9.75

Front

How do you calculate the total cost of multiple items?

Back

Add the prices of all items together.

Front

If you have a $50 bill and spend $37.85, how much change do you get?

Back

$12.15

Front

What is the importance of knowing how to make change in real-life situations?

Back

It helps in budgeting, managing finances, and ensuring accurate transactions.

Front

If you buy two items for $15.99 each and pay with a $50 bill, how much change do you receive?

Back

Change = $50 - (2 * $15.99) = $50 - $31.98 = $18.02

Front

What is the change received if you buy a $9.99 item with a $20 bill?

Back

$10.01

Front

How do you handle transactions involving multiple bills?

Back

Add the total amount of all bills together and subtract the total cost.

Front

If you buy a toy for $12.50 and a book for $7.25, how much do you spend in total?

Back

Total = $12.50 + $7.25 = $19.75