Money Word Problems

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

If I pay $1.00 for something that costs $0.52, how do I find my change?

Back

Subtract the cost from the amount paid: $1.00 - $0.52 = $0.48.

Front

What is the total cost if I buy a hot dog for $1.50, chips for $0.75, and a soda for $2.20?

Back

Add the costs together: $1.50 + $0.75 + $2.20 = $4.45.

Front

How do you calculate change from a $10 bill for a lunch costing $8.99?

Back

Subtract the cost from the amount paid: $10.00 - $8.99 = $1.01.

Front

What is the cost of a pencil for $0.55 and a bookmark for $0.35?

Back

Add the costs: $0.55 + $0.35 = $0.90.

Front

If I buy a rug for $0.89 and pay with $1.00, how much change do I get?

Back

Subtract the cost from the amount paid: $1.00 - $0.89 = $0.11.

Front

What does it mean to pay with a dollar bill?

Back

It means using a $1 bill to make a purchase.

Front

If I have $5.00 and I spend $4.45, how much do I have left?

Back

Subtract the amount spent from the total: $5.00 - $4.45 = $0.55.

Front

What is the first step to solve a money word problem?

Back

Identify the total amount paid and the cost of the items.

Front

How do you find out how much more money you need if you have $3.00 and need to buy something for $4.50?

Back

Subtract what you have from the cost: $4.50 - $3.00 = $1.50.