Lesson 3: Making Change
Flashcard
•
Mathematics
•
12th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
What is the concept of making change in a transaction?
Back
Making change refers to the process of returning the difference between the amount paid and the cost of an item to the customer.
2.
FLASHCARD QUESTION
Front
If a drink costs $0.85 and you pay with $1, how do you calculate the change?
Back
Subtract the cost of the drink from the amount paid: $1.00 - $0.85 = $0.15.
3.
FLASHCARD QUESTION
Front
What is the change when you buy an ice cream for $1.30 with $2?
Back
$2.00 - $1.30 = $0.70.
4.
FLASHCARD QUESTION
Front
How do you find the change when the cost of a snack is $1.15 and you have $2?
Back
$2.00 - $1.15 = $0.85.
5.
FLASHCARD QUESTION
Front
What is the change Phil receives if he buys a baseball for $2.25 with $3?
Back
$3.00 - $2.25 = $0.75.
6.
FLASHCARD QUESTION
Front
Calculate the change Tom gets after buying a football for $3.60 with $4.
Back
$4.00 - $3.60 = $0.40.
7.
FLASHCARD QUESTION
Front
Define 'transaction' in the context of making change.
Back
A transaction is an exchange where goods or services are bought and paid for.
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