Counting and Making Change

Front

What is change in a transaction?

Back

Change is the amount of money returned to a buyer after they pay for a purchase that costs less than the amount they paid.

Front

How do you calculate change?

Back

To calculate change, subtract the total cost of the purchase from the amount paid.

Front

If you buy something for $0.89 and pay with $1.00, how much change do you get back?

Back

$0.11

Front

What does it mean to split a bill equally?

Back

To split a bill equally means to divide the total amount by the number of people sharing the cost.

Front

If a total bill is $30.44 and two people split it, how much does each person pay?

Back

Each person pays $15.22.

Front

What is the total cost if you buy a book for $7.25 and a pen for $1.50?

Back

The total cost is $8.75.

Front

How do you find the total cost of multiple items?

Back

Add the prices of all the items together.

Front

If you pay with a one-dollar bill for something that costs $0.89, how much change will you receive?

Back

You will receive $0.11.

Front

If you pay with two one-dollar bills for a donut that costs $0.61, how much change will you get back?

Back

You will get back $1.39.

Front

What is the importance of understanding how to make change?

Back

Understanding how to make change helps in managing money and making accurate transactions.