Money Word Problems

A money word problem is a math problem that involves money and requires you to calculate how much you have, how much you spent, or how much you received.

To find out how much money you have left, subtract the amount you spent from the amount you had.

Subtract $2.99 from $10.00. $10.00 - $2.99 = $7.01.

Read the problem carefully to understand what is being asked and identify the amounts involved.

Add the prices of both items together to find the total cost.

Subtract the cost of the item from the amount you paid to find out how much change you received.

Start with the total amount you had, then subtract the total cost of all items purchased.

First, add $5.95 and $1.99 to get the total spent. Then subtract that total from $20.00.

Change = Amount Paid - Cost of Item.

Subtract $5.45 from $10.00 to find your change: $10.00 - $5.45 = $4.55.