Word Problems with Money

Front

What is a word problem?

Back

A word problem is a mathematical question that is presented in the form of a story or real-life scenario, requiring the reader to extract the relevant information to solve it.

Front

How do you find out how much money is left after a purchase?

Back

To find out how much money is left after a purchase, subtract the cost of the item from the total amount of money you had before the purchase.

Front

If you have $20 and spend $15, how much do you have left?

Back

$5

Front

What is change in a money transaction?

Back

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

Front

How do you calculate change from a $20 bill?

Back

To calculate change from a $20 bill, subtract the total cost of the items purchased from $20.

Front

What is the total cost of items?

Back

The total cost of items is the sum of the prices of all items purchased.

Front

If a hamburger costs $5.40 and a hotdog costs $3.50, what is the total cost of both?

Back

$8.90

Front

What does it mean to spend money?

Back

To spend money means to use money to buy goods or services.

Front

If you have $35.28 and spend $5.25, how much do you have left?

Back

$30.03

Front

What is the value of coins?

Back

The value of coins refers to the amount of money that each coin represents, such as 1 cent, 5 cents, 10 cents, etc.