Money: Finding change received

Front

What is change in money?

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 received?

Back

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

Front

If you buy something for $12.50 and pay with a $20 bill, how much change do you get?

Back

$7.50

Front

What is the change received when you buy a toy for $5.50 and pay with a $10 bill?

Back

$4.50

Front

If a book costs $15 and you pay with a $20 bill, how much change will you receive?

Back

$5

Front

How much change do you get if you buy a pencil for $0.75 and pay with a $1 bill?

Back

$0.25

Front

What is the change received when you buy a candy bar for $1.20 and pay with a $2 bill?

Back

$0.80

Front

What is the formula to find change?

Back

Change = Amount Paid - Cost of Item

Front

If you pay $50 for a meal that costs $35, how much change do you get?

Back

$15

Front

What do you do if you pay with a bill larger than the cost of the item?

Back

You will receive change back.